Financing Surrogacy? Here’s the Pros and Cons of the Most Popular Loan Options
[vc_row][vc_column][vc_column_text]Q: My husband and I are going to start our surrogacy journey soon and need to take out a loan to cover the expenses. What type of surrogacy financing should we seek? Should we borrow against our house, our 401k or consider an independent financing company like Prosper or Lending Tree? Or perhaps set up […]
Saving for College? What You Should Know About 529 Savings Plans
[vc_row][vc_column][vc_column_text]Q: We received a 529 plan from my parents as a gift for our newborn, how much should we invest in it each year? –Sylvia R. A: Hi, that is a great gift! Much better than an oversized stuffed teddy bear from a life planning perspective. Saving for college isn’t a terrible decision. However, you have to look at your personal […]
Top 5 Financially Fit Friday Posts
[vc_row][vc_column][vc_column_text css=”.vc_custom_1560347483136{padding-bottom: 40px !important;}”]In this week’s Financially Fit Friday we have rounded up the Top 5 posts, which cover everything from the adoption tax credit to using HSA’s for your surrogacy.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_basic_grid post_type=”post” max_items=”5″ element_width=”12″ orderby=”rand” item=”masonryGrid_WithSideContent” grid_id=”vc_gid:1560349362800-37f171e1-1e40-1″ taxonomies=”62″][/vc_column][/vc_row][vc_row default_id=”themesflat_1560349078″ css=”.vc_custom_1560349319998{margin-top: 60px !important;padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #ededed !important;}”][vc_column][vc_column_text]Every Friday, CPA and […]
Find Out What Surrogacy Expenses Can Be Deducted From Your Taxes
[vc_row][vc_column][vc_column_text]Q: Can you claim any surrogacy related expenses on your taxes and if so which ones? P.P. A: The short answer is yes, you can deduct certain surrogacy expenses on your taxes. The long answer is, the majority of the expenses will not be tax deductible. The tax courts have ruled against the taxpayers who are […]
7 Expert Tips on How to Save for Surrogacy
[vc_row][vc_column][vc_column_text]Q: I’m reading everywhere that surrogacy costs can be upwards of $75,000. How can my partner and I start saving for this? –Robert N. A: Hi Robert, this is an excellent question and I will cover some of the best ways to jumpstart your savings plan. Surrogacy costs can climb fast and having cash on hand is […]