School is back in session and kids need money for just about everything. Is it better to cut your kid a check or pay the school?

Summary: If you’re trying to give somebody money for education do not give them the cash directly, pay the institution instead. Not only will you not have to file a gift tax return, but you are able to exceed the $15,000 limit. Believe it or not there is also a correct way to withdraw from a 529 plan; is your child getting the most out this money? Other topics include: • Top retirement planning questions • The inverted yield curve, recessions and the biggest discount between growth and value stocks