Understanding 401(k)s: Wealthcare’s Advice Featured on Augsburg University Career Blog

As part of a career development resource for students and young professionals, Augsburg University shared The Muse’s comprehensive guide to 401(k) plans, featuring insights from Michael Boggiano, Managing Partner at Wealthcare.

The article covers what 401(k)s are, how they work, and how to manage them effectively. Boggiano provides clarity on how investors can log in to review and adjust allocations and encourages a long-term mindset when markets fluctuate. His guidance helps newer investors understand what steps they can take without overreacting to short-term volatility.

This repost extends valuable financial planning insight to those early in their careers, reinforcing the importance of starting retirement contributions as soon as possible.

Read the Full Article Here

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The Birth of a Grandchild

Congratulations! The arrival of a grandchild is always an exciting time. Since many grandparents wish to assist in covering their grandchildren’s future financial needs, it’s also a good time to consider financial preparations for the future. If you hope to provide funds to your grandchildren, both 529 plans and trusts are beneficial options.

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