Read this CollegeBacker review to see how you might get help in opening a 529 plan, lowering fund fees, and reducing risk.
If you’re wanting a good idea of how 529 plans work and some details regarding their operation, this article has what you’re after.
How much you should have in a 529 plan to save for college for your children by age, including high and low contributions for public and private school.
Wondering what are qualified expenses for a 529 plan? Here’s exactly what can and can’t be covered by your 529 college savings plan.
529 plans have changed. You can now withdraw up to $10,000 per year to pay for your children’s private primary and secondary eduction expenses. Here are some rules to know.
Wondering how you’ll pay for your kids’ college expenses? Using Roth IRAs for paying college expenses can provide quite a few benefits. Learn how to do it properly in this article.
We compare the best places and investment brokers to open a 529 plan so that you can save for college for your children.
For most people living with disabilities, the cost of support & care can be a burden. Learn all about using 529A ABLE accounts in this post
If your child wants to study abroad but you’re worried about paying for college overseas, a 529 may help cover qualified expenses.
September marks a month of new beginnings for many. Students head back to school and many enter college for the first time. It’s no surprise that along with these new beginnings students and parents are concerned with paying tuition and other college costs. This is why September is National College Savings Month. In an effort […]
By now you’re well aware of the benefits of saving for your child’s education expenses in a 529 plan. But did you know that you can also use a 529 plan to save for yourself, no matter your age? If you plan on furthering your education, such as going back to get a masters degree […]
Opening a 529 for your child is a great way to not only help save for education costs, but to also reap the other types of benefits of that comes along with these accounts. The problem, though, is that coming up with the extra money can be difficult. You first and foremost, you have to […]
With tuition costs steadily rising, it’s hard to imagine what your child will have to pay for college in a decade or more. Knowing this, it’s really no surprise that 45% of parents are saving money toward their child’s college education, according to the 2014 College Savings Foundation Executive Summary. As a parent myself, I […]
Tuition and fees are on the rise, and this trend isn’t going to be letting up any time soon. With the rising cost of living in almost all states in the country, most parents with children are beginning to worry about their loved one’s prospects of education and their ability to pay for college. The […]
How to start saving for college with a 529 college savings plan that allows parents and families to save for their children’s education with tax deferred money.
There are several different types of education savings accounts that can be used to save for your child’s future education expenses. The two main education savings account vehicles are Coverdell Education Savings Account and a 529 College Savings Plan. Many individuals also create Uniform Gift to Minors Act (UGMA) custodial accounts and provide funds directly […]
I’m a huge fan of developing an “order of operations” for different financial activities. You may remember last year I invented FIBS as a order of operations for saving for retirement. FIBS stands for 401k, IRA, Brokerage, Social Security. It’s just an easy way to remember the order you should do things. But, what about a closer […]
Do you realize that children today know very little about money? They don’t typically earn it themselves and they have no clue how hard one has to work in order to save money for the future. However, children that are given the opportunity to learn the value of the dollar often far exceed the average […]