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Investors are laser-focused right now on what promises to be the wildest Federal Reserve meeting in years. But this isn't the only potentially market-moving event on the calendar this week.
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5 Things to Know Before the Stock Market Opens InvestopediaStocks making the biggest moves premarket: Oracle, Dave & Buster's, Novo Nordisk, Adtran and more CNBCTesla, Alphabet, Oracle, Dave & Buster's, Chipotle, and More Stock Market Movers Barron'sStock Market Today: S&P 500 and Nasdaq eye new record highs, Dow steady ahead of Fed meeting; retail sales top expectations MarketWatch
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Stock Market Today: Dow Edges Up; Retail Sales Grow More Than Expected — Live Updates The Wall Street JournalS&P 500 slips from record as investors take some money off the table ahead of Fed decision: Live updates CNBCWall St edges lower as investors turn cautious ahead of Fed rate decision ReutersStock market today: S&P 500, Nasdaq pull back from records as Fed rate decision looms Yahoo Finance
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Consumer advocates say the phase-out could create headaches for seniors and other beneficiaries who don't move to direct deposit or other options by Sept. 30.
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Mortgage rates drop to the lowest level since late 2022 ahead of the Fed meeting. Here's why.
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As college costs continue to rise, it's becoming increasingly difficult for students to pay for it themselves. The total student loan debt in the United States has risen to a staggering $1.75 trillion. This has led many parents and grandparents to want to help carry a portion of their child's or grandchild's college debt. They shouldn't jeopardize their own financial future by entering retirement with someone else's student loan debt, though.
SEE MORE Tax Breaks to Help You Pay for College
Even so, the number of adults over the age of 62 with student loan debt has reached a startling 2.4 million borrowers. If parents and grandparents plan on helping to pay for college, they need to plan ahead to stay debt-free in their golden years. There are many ways they can start planning now to help with college costs while still saving for their retirement.
529 plans offer tax advantages
529 plans are investment accounts that can be used to pay for education for a specific beneficiary. Choosing a 529 plan also comes with tax benefits. It will grow federal tax-free and will not be taxed when the money is taken out. It's important to note that you can use a 529 plan from any state to help cover education expenses in any other state. However, depending on the state you live in
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