What Is a Beneficiary? A beneficiary is the person—or entity—you name to receive your financial assets after your death. These assets can include life insurance benefits, retirement accounts, bank and brokerage accounts, and more. Designating beneficiaries is essential to ensure your assets are passed on according to your wishes. It also allows your loved ones to avoid the … [Read more...] about Beneficiaries: Are yours updated?
Supporting Employee Well-Being It’s been nearly 80 years since employee benefits programs were first introduced to the workplace. In 1935, the Federal Insurance Contributions Act was established to secure Social Security and medical care for employees. Then, in 1942, fringe benefits began to take shape. Today, top benefits include: Health, Life, Disability Insurance … [Read more...] about National Employee Benefits Day – April 2, 2025
Saving for Education The MOST 529 plan is a tax-advantaged savings plan for education expenses, including tuition, room and board, and textbooks. Contributions grow tax-deferred, and qualified withdrawals are federally tax-free. Missouri residents may also qualify for state tax deductions. Who Can Use a 529 Plan? Anyone! You can open a 529 plan for yourself, a spouse, … [Read more...] about MOST: Missouri’s 529 Education Plan
Show-Me How to Pay for College: Strategies for Financing a Post-Secondary Degree Trying to figure out how to pay for college can seem complicated and daunting, but it doesn't have to be. Join Missouri State Treasurer Vivek Malek, MOST 529, and Sallie Mae for insight on setting up a college-financing strategy so your family can be prepared. To learn more about savings, … [Read more...] about Show-Me How to Pay for College: Webinar April 30
Helping save for education. The MOST 529 plan is a tax-advantaged college savings plan sponsored by the state of Missouri. It allows individuals to save for education expenses for themselves, their children, or other beneficiaries. Contributions to the plan are invested in a variety of investment options, such as mutual funds, and earnings grow tax deferred. Withdrawals used … [Read more...] about MOST: Missouri’s 529 Education Plan