Parents of students starting college this fall can finally withdraw the funds they’ve worked so hard to accumulate in their 529 plans, education savings plans with tax benefits. But before parents request funds from their plan administrator or adviser, they…
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3 Ways to Ask for Contributions to 529 College Savings Plans
Four-year tuition and fees for public universities will be $95,000 for kids starting school in 2028, estimates savingforcollege.com. To meet those needs, parents are seeking help from friends and relatives to pay for college. Some…
Continue reading...3 Savings Tips for Parents of Study Abroad Students
Certified Financial Planner® John Gugle spent his sophomore year abroad attending Sophia University in Tokyo. “The opportunity to live and study outside the U.S.A. helped broaden my understanding of the world and ultimately helped provide career opportunities to…
Continue reading...4 Costly Mistakes Parents Make When Saving for College
“Depending on the number of children you have, paying for college is the most expensive event outside of paying for retirement,” says Fred Amrein, ChFC® and principal of Amrein Financial in Wynnewood, Pa. However, experts say, the total price…
Continue reading...Take These 4 Steps Before Opening a 529 Plan
Curious how Jeff Howkins, president of Sallie Mae’s Upromise Investments, Inc., saved for college before 529 plans existed? Read Take These 4 Steps Before Opening a 529 Plan on usnews.com.
Continue reading...Veterans Education Benefits in New York State
If you’re a veteran of the armed forces living in the state of New York, you should look into New York’s program for helping veterans and families of fallen and disabled heroes. Veterans of conflicts dating back to Vietnam could qualify for over $5,000 per…
Continue reading...CollegeWeekLive Paying for College Webcast tonight
Join me at 7p EST tonight for a chat about all aspects of paying for college. Future students, current students and parents welcome. Register for free anytime beforehand.
Continue reading...Andrew Asks: How Should I Pay for Grad School?
Andrew emailed Mint asking how he should finance grad school. Are you considering graduate school? Checkout my answers.
Continue reading...Tax Mondays: 10 Ways to Wisely Spend Your 2% 2011 Payroll Tax Cut
Have you noticed that your paychecks have been a bit larger than normal lately? That’s because in 2011, the government is cutting the social security payroll tax paid by individuals from 6.2% to 4.2%. How much is that in stone…
Continue reading...University Payment Plans Vs. Federal Student Loans
Want an alternative to student loan borrowing, but you don’t have thousands of dollars lying around? Checkout University Payment Plans Vs. Federal Student Loans.
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