April marks the start of Financial Literacy Month, a nationally recognized movement to promote and support financial understanding in children and teens. For many, it's a fantastic opportunity to teach and connect with their children or grandchildren...
[+] Full Article 2023 Changes to Iowa's Retirement Taxes - 03/01/23
In March of 2022 Iowa Governor Kim Reynolds signed a historic Iowa tax reform bill. One of the biggest changes from the bill is that starting in 2023, Iowans aged 55 or older are exempt from paying state taxes on retirement income...
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Tooth Fairy's Generosity Flying High
October 6, 2015
Talk about an economic stimulus plan – at least for the next generation of investors.
According to the Delta Dental® Tooth Fairy IndexSM, the average gift from the Tooth Fairy was a record-setting $4.36 in 2014. Total payouts for those pearly whites added up to an estimated $255 million.
Delta Dental created The Original Tooth Fairy Poll® in 1998, and the statistics provide a general indication of the overall U.S. economy. The Tooth Fairy Index has tracked with the S&P 500 Index® in 11 of the past 12 years.
Last year’s average increased 24.6% from the $3.50 average in 2013. The S&P 500 increased 11.4% last year.
The tooth fairy tends to pay a premium during her initial visit. The average gift for the first tooth was $5.74 last year, an increase of 27% from 2013.
Begin the conversation early with your children and grandchildren about the basics of investing.
Author, Aaron Lopez, Transamerica New Age of Advice