SECURE 2.0 creates new backdoor Roth opportunity
Beginning in 2024, the SECURE Act allows unused funds from a college savings plan to be transferred to a Roth IRA in a form of backdoor Roth strategy.
Beginning in 2024, the SECURE Act allows unused funds from a college savings plan to be transferred to a Roth IRA in a form of backdoor Roth strategy.
As students take the final lap before college the last two years of high school are critical to strengthen their applications and make the college decision.
The administration announced a program for student loan forgiveness for debtors who meet certain income requirements.
As students transition to high school, there are many action items for parents and students to consider as they map their path to college.
Early college planning can help families meet savings goals and mitigate the debt burden in the future.
Families of college-bound students may want to prepare certain legal documents before their children go away to school.
As many families borrow funds to pay for college it is important for them to understand the landscape for taking out a college loan.
Parents looking at future college expenses are assessing choices for funding college to reduce the debt burden for their children and themselves.
A number of trends are emerging as college students seek a variety of ways to earn their degrees amid rising costs.
The future of student loan forgiveness proposals is still under debate highlighting the need to save for college.