Saving for College: A 529 Plan & Its Benefits
14/11/2013 08:29am | 9283 viewsObtaining a college education is so important today, but sometimes it seems like it is very difficult to figure out how to pay for it. Whether you are saving for your son, daughter, niece, nephew or grandchild, it can be a challenge. As you see every day, the cost of things keep going up, and it should be no surprise that the cost of a college education continues to rise as well. For many, next to saving for your home, your biggest financial challenge may be saving for your child's college education.
The Benefit of Compounding Interest: How it works
14/11/2013 10:35am | 8950 viewsWe all know it can be difficult to save money. There are many bills to pay, and immediate needs make saving money a challenge not only for you but for everyone. However, many people do not realize the benefit of compounding interest, and when you do not save regularly you are missing out on a great opportunity.
About the Author
Jon Upham is a Principal at SageView and currently serves as the firm’s President. Since joining the company in 1999, SageView has grown to one of the leading retirement advisory organizations in the U.S., with $23 billion in assets under advisement and more than 475 clients.
Jon’s focus is working with plan sponsors of corporate and not-for-profit retirement plans on designing, implementing, and managing their retirement plan solutions, with specific focus on ERISA fiduciary duties. He specializes in implementing best practices to better serve plan sponsors and participants. Jon is a frequent speaker at retirement industry conferences such as Healthcare Human Resources Management Association.
In addition to his client and organizational responsibilities, Jon leads SageView’s West team. His role is to support their growth while focusing on business development, acquisition efforts, service excellence and long-term client partnerships. Under Jon’s leadership, SageView’s West team received a 98% client satisfaction rating in 2013.
Additionally, Jon is one of the lead members of SageView’s Not-for-Profit practice. He earned a B.A. from the University of Redlands and an M.A. from Concordia University. He maintains a number of professional memberships/affiliations and has attained the Accredited Investment Fiduciary (AIF) designation from the Center for Fiduciary Studies at the University of Pittsburgh.