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.
Posts from category: College Savings
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.
Action plan helps families prepare for college
Having an action plan can help families and students prepare for college as they navigate the process throughout the high school years.
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.
Off to college? Parents need to consider this checklist
Parents may want to discuss numerous topics with children going to college including paying bills, transportation, and seeking health care.
Proposals in Congress aim to aid retirement and college savers
While major legislation is unlikely to be passed during an election year, some smaller-scale bills to help savers could be advanced.
Most Americans are mindful of college costs, unaware of 529 plans
A 529 plan is one of several ways to save for college and benefits vary among investment vehicles.
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.
529 plans updated: Computers are now a qualified expense
Computers, laptops, and related technology are now considered a qualified college expense for 529 plans.