Parents worried about how they’ll pay for their kids’ college educations can rest easier. The White House has backed off a proposal to tax 529 plan earnings.
Going to college is an expensive proposition. Need-based financial aid and scholarships help, but many students and families will rely on student loans in meeting the Expected Family Contribution (EFC) for college expenses. I’m conflicted about President Obama’s initiative to expand the number of former students who qualify to have their student loan burden reduced.
Saving for college? Here are the good and the bad of 529 plans.
If you don’t have a 529 college savings plan yet, today is the day to get one. It’s National 529 College Savings Day!
It’s no surprise that the tremendous volatility in the stock market has scared investors away from stocks. According to the Investment Company Institute, the trade association for domestic investment companies, in 2011 investors fled equity funds in droves — about $125 billion flowed out of stock mutual funds for the year. For some investors, particularly
Growing up, I lived with one of my grandmothers every summer, and during the winter, I lived down the street from the other. Both of them were huge influences in my life. My own children — because of death and distance — scarcely knew their grandparents — a hole in their lives that they probably
My grandparents bought me savings bonds when I was born. I spent the money the second it was in my grubby little mitts, which was around 16, if I recall correctly. Since then I’ve struggled with my innate tendency to burn through money like water with varying degrees of success. Rather than giving me the