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Wealth advisor Melissa Garrett helps clients of all ages figure out how to fund a loved one’s college or school tuition.
As the cost of college in the U.S. continues to surge, many parents are resorting to drastic financial strategies—including ...
529 education savings plans are getting a major upgrade under President Trump’s massive tax bill, particularly for parents looking to stash away cash for K-12 expenses.
OVER 30,000 LOW-INCOME high school seniors in the San Francisco Unified School District have yet to claim the money in their ...
If you don’t need the money right away, keeping your money in the 529 plan until the market recovers and you can recoup your losses is a good option, says Autumn Knutson, founder of Tulsa, ...
Even though my son won't be going to college for years and I'm facing financial stressors, I still make sure to put money in ...
College costs have surged over the last 20 years, but there are strategies that could help ease the burden. Consumer ...
Within my 40% allocated to savings, I put most in an emergency fund and the rest in a retirement fund. As a college student, I choose to put more in an emergency fund since I'm unsure what my post ...
Total investments in 529s rose to $525 billion as of December, up 11% from a year earlier, while the average 529 plan account balance hit a record of $30,961, data from the College Savings Plans ...
While technically you can tap your 529 plan for whatever amount you want, only withdrawals made for 'qualified education expenses' will avoid taxes. These expenses include costs such as "tuition, fees ...
In order to ensure you have enough saved for your child's education, consider creating a funding timeline that scales based on your target school's cost of attendance.