Preparing your child for college is an exciting but often hectic time. Between the college applications, housing forms, class registrations and meal plans, there is a lot to manage. One crucial aspect that is often overlooked, but should be included on every parent’s college checklist, is estate planning.   Why it Matters  Once your child reaches the “age of majority” (which is age 18 for most states), the child is legally considered to be an adult; beyond that age, a parent/guardian is no longer entitled to see their child’s financial and medical records. As such, it is crucial to have certain

Did you know that 1 in 5 Americans have inactive 401(k)s worth thousands of dollars? Don’t let your hard-earned money go to waste! Here’s how to reclaim yours. How to find a lost 401(k): 4. Check the Department of Labor’s abandoned plan database Talk to an Azzad advisor today to discuss your options.

You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your goals and many other factors. Use your current income as a starting point It’s common to discuss desired annual retirement income as a percentage of your current income. Depending on whom you’re talking to, that percentage could be anywhere from 60% to 90%, or even