Consider a 529 plan for a tax-smart way to save for college
A 529 plan may be part of a strategy to utilize tax-advantaged savings to meet the rising cost of college.
Putnam Wealth Management
Preserving and sustaining wealth for the future
Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Research uncovers the value of a college degree
With rising costs and the planning time needed to prepare for college, some parents and students may wonder if a college degree is worth the investment.
Consider the options when helping grandchildren with college costs
Grandparents seeking to help grandchildren with college costs may contribute in several ways, with different types of accounts and benefits.
Research and plan for the true cost of college
Non-tuition college expenses make up a significant portion of the price of going to college, but you may need to research to calculate the true costs.
Be smart with 529 savings plans to maximize financial aid
Here are some saving strategies using 529 savings plans that may help students maximize their eligibility for financial aid.
Planning Idea
Three planning ideas found in the tax schedule
A look at the latest tax rate schedule reveals tax-smart planning strategies to discuss with investors.
Navigating multiple options for college savings
Parents identify saving as a top strategy to meet college costs.
New taxes proposed by president during SOTU
Raising the capital gains and dividend tax rates and eliminating certain inheritance tax provisions for high earners are among the tax code changes President Obama proposed in his State...
Consider college savings when making a year-end gift
For investors still contemplating year-end gift ideas, consider giving the gift of education to grandchildren. There is still time to make a gift and fund a 529 college savings...