TheLiveBigWay® Digest – Competing Desires

As the cost of college continues to rise, so do questions and concerns about how and how much to save without forgetting about our own retirement. Today we share our thoughts on the pros and cons of 529 plans and the various conditions you may take into consideration when deciding on the best method for saving for your child’s education. In this piece, we explore how splitting your child’s education savings between a 529 plan and other investment vehicles allows you to still save enough for your children without losing flexibility of using the funds for your retirement or other goals.

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YeBu in the Media: “The Boom for Alts Training is Here”

A recent article by Miriam Rozen on Financial-Planning.com  asserts that alternative investments are rapidly becoming of more interest to advisors. As a result of the booming interest, Rozen explains that  many advisors are committing to lengthy training programs to efficiently educate themselves and their Clients on the details of the investments. Dave contributed his thoughts for the article noting several reasons why Yeske Buie is skeptical about alternative investment products. Read on for Dave’s contributions and the full article.

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Changes to Schwab Cash Features: Be on the Lookout

This Fall, Schwab is making some changes to expand the eligibility for their Schwab Bank Sweep feature. To preface, this change does not require any action on your part; our purpose in  sharing this information is so you can be aware of the changes and the communication you can expect to receive from Schwab. For more detail, the previous policy allowed only new accounts opened after October 1, 2014 with a household balance of less than $500,000 to be eligible for automatic enrollment in the Schwab Bank Sweep feature. The current change will expand the eligibility of this feature to include all accounts opened prior to October 1, 2014. Accordingly, Schwab will make this change for all applicable Yeske Buie accounts. If the change affects your accounts, you will receive a confirmation letter from Schwab otherwise, you will not receive anything from Schwab regarding this matter. As always, please do not hesitate to contact us if you have any questions!

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Insights from FPA Far West Round-Up

As noted in our last edition of TheLiveBigWay^® Digest, The Yeske Buie Financial Planning Team attended FPA’s annual Far West Round-Up Conference in August. The team has been attending this informal, retreat-style gathering of financial planners for several years with Dave serving his sixth term as Sheriff. The intimate environment creates a comfortable space for dedicated practitioners to engage in thought-provoking discussion and invite guests to speak to the energetic group. Today we share a brief summary of the various speaker sessions and a few of the quality insights the team gleaned from this unique conference.

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Where in the World is the Live Big^® Glass?

As Labor Day weekend and back-to-school signs hint that summer is coming to an end, our summer campaign to show off the Live Big glass in the United States and around the world also comes to an end. We are so pleased to have received your pictures and to see that so many of you spent your summer Living Big. Today, in addition to two new pictures, we share two maps highlighting all of the countries and states where the Live Big glass traveled this summer. We hope you will continue to send your pictures to Lauren@YeBu.com and we will provide occasional updates as the Live Big glass continues to travel domestically and internationally.