College tuition continues to rise, putting...
No one expects you to have everything lined up...
The 529 savings plan is a state-sponsored, tax-advantaged investment account open to anyone. The funds can be used to pay for undergraduate, graduate, technical, and trade schools. You can contribute up to $US15,000 per year, per child, and per donor, or $US30,000 if you’re married, without incurring a gift tax. […]
Time for a 529 plan refresher.
[credit provider=”statigr.am/maagdaddy” url=”http://statigr.am/p/343729010111631646_43188283″] Dear Dr. Don,We have two sons who are three and five years away from starting college.
[credit provider=”Instagram/marianamejia0″ url=”http://statigr.am/viewer.php#/detail/358698697083688579_246756124″] Folks, I know what you’re whispering when I walk into the room: “That guy really knows his tax-advantaged accounts.”It’s my one superpower. (Well, I’m also pretty good at making omelets.)
[credit provider=”flickr/tulanesally” url=”http://www.flickr.com/photos/tulanesally/5887771701/sizes/l/in/photostream/”] What might be the most accessible and simplest way to save for college–a 529 savings plan–is typically one of the most widely misunderstood financial tools among consumers. That all might be changing, however, given a new report by the College Savings Plans Network.
[credit provider=”Flickr via orangeacid” url=”http://www.flickr.com/photos/orangeacid/252090910/”] College tuition rates are heading nowhere but up these days, leaving parents and students more reliant on state-funded financial aid and student loans to finance higher education.What might be the most accessible and simplest way to save for college–a 529 savings plan–is also one of […]
[credit provider=”www.upromise.com” url=”http://www.upromise.com/”] Upromise.com, a site popular with cash-strapped college students, just settled FTC claims it violated consumer protection laws by inadvertantly gleaning a host of personal and financial account information from users.The Sallie Mae-backed service works by hooking students up with rebates on purchases from hundreds of participating retailers, […]
[credit provider=”Ericka Clouther” url=”http://www.flickr.com/photos/eralon/3371901042/sizes/m/in/photostream/”] Millions of families striving to meet the mounting costs of college have flocked to 529 college savings plans. For most investors, the plans’ main attractions are the potential for federal tax-deferred earnings growth and federal tax-free qualified withdrawals.The plans’ aggregate asset limits, which often exceed $200,000, […]