Evaluating choices for funding college
Parents looking at future college expenses are assessing choices for funding college to reduce the debt burden for their children and themselves.
Tag: tax advantages
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.
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.
Tax-smart planning strategies for year-end
Consider strategies like gifting and required minimum distributions in year-end planning.
Keep student debt down with a 529 plan
At a record $1 trillion, outstanding student debt is second only to mortgages as the largest source of household debt, the Fed reported. That trend is likely to continue. With the average cost of a four-year degree from a public university at $30,000, the need to borrow continues to rise. Of the 37 million Americans