Are Higher Ed Expenses Tax Deductible? A Quick Reminder for Parents
Learn how to financially support a child’s education while avoiding tax pitfalls. Explore qualified expenses, tax credits, and savings options like 529 plans and Coverdell ESAs.
College Financial Planning: It’s Never Too Late
Discover essential strategies for late-stage college financial planning in our latest blog. Learn how parents of teens and college-aged students can navigate tuition costs and explore ways to minimize student debt. It's never too late to plan—start now to ease the financial burden of college.
Catch-Up Game: Smart Saving Strategies for Late Starters on College Funds
It's never too late to start saving for college. Discover effective strategies for late starters to quickly catch up and build a substantial college fund.
Tax-Efficient Investing for College Savings: A Guide for Smart Parents
Discover how tax-efficient investing can maximize your college savings. Explore actionable strategies to grow your educational funds effectively.
In-depth Guide on 529 College Savings Plans and Their Tax Implications
Discover the benefits of the 529 College Savings Plan—a tax-advantaged tool designed to grow your savings for future education costs like tuition and books. With tax-deferred growth and tax-free withdrawals for qualified expenses, the 529 plan offers substantial financial advantages. Explore options like the 529 plan, known for its diverse investment choices that align with various financial goals.
Navigating College Savings: A Guide for Parents and Grandparents
In the journey of securing a child's higher education, 529 plans offer a powerful tool for financial preparation. By embracing available resources and strategies, families can navigate the college savings landscape with confidence and ensure a secure future for their loved ones.
Investing Strategies for a 529: A Guide for Parents and Grandparents
As a parent, it's natural to want to provide the best possible education for your child. For many, this means saving for college tuition through a 529 plan. While 529 plans are a great college planning vehicle, they can be complex and require careful consideration.
Withdrawing from a 529 Account: A Guide for Parents and Grandparents
When the time comes to pay for college, it's important to understand what is involved in withdrawing funds from a 529 plan, including reimbursing yourself, paying the school directly, and important considerations like FAFSA implications and qualifying expenses.
Funding a 529 Account: A Guide for Parents and Grandparents
Saving for your child or grandchild's education is an investment in their future. One excellent tool to consider is a 529 account, which offers tax advantages and flexibility. Whether you're a parent or grandparent, understanding the process of opening and funding a 529 account is crucial.