Michigan 1st Time Homebuyers’ Savings Account
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Dave and Nick are joined by Ashley Sajor, Associate Financial Planner here at Shotwell Rutter Baer. Ashley started her career at SRB as an intern and after graduating from MSU became a full-time employee.
Check out Ashley’s previous visit to our show in the episode titled, Helping Your College Student Budget.
Today, we are exploring the concept of a first-time home buyer savings account for the state of Michigan. Which actually was passed into law around June of 2022, so we’re a little over six months into this new home buyer savings account.
Ashley and Nick have been working on researching it so they can provide the details in this episode. Their information includes some strategies you might consider.
What is a First Time Homebuyer’s Savings Account?
the past three years. The savings account must be at an institution that’s eligible to do business in Michigan.
accounts work.
If you are interested in setting up one of these accounts or would like more information, please contact us at 517-321-4832 or email us at info@srbadvisors.com.
About Shotwell Rutter Baer
Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period.
Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future.
Call us at 517-321-4832 for financial and retirement investing advice.
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