Important changes to the FAFSA filing will take effect this year and impact student aid levels for some families.
More grandparents may consider funding a 529 plan for their grandchildren as financial aid rules change.
The future of student loan forgiveness proposals is still under debate highlighting the need to save for college.
Students may want to consider using a Roth IRA to save some of their summer earnings.
Here are some saving strategies using 529 savings plans that may help students maximize their eligibility for financial aid.
Families want to save for college and maximize their child’s eligibility for financial aid. There are ways to use a 529 plan to meet both goals.