529 Plans: The College Savings Tool Most Families Don’t Know About
About two-thirds of families don't know what a 529 plan is, according to a recent survey. Here's what your clients should know.
Is College Still a Good Investment?
As costs rise and standards sink, helping clients get their educational money’s worth is a growing challenge.
529 College Plan Bill to Be Debated in Senate Committee
The bill is intended to "modernize" 529 plans and would designate computers as a qualified expense, among other provisions.
Obama Drops 529 Tax Plan; New College Saving Bills Floated
Administration will now focus on delivering a “larger package” of education tax relief that will have bipartisan support.
Obama Lobs College Affordability Bomb as Congress Gears Up for Budget Talks
President Obama hit the road last week to promote his new college affordability plan, just weeks before the budget battle begins anew.
Fixing the Student Loan Crisis
I’m lucky. Unlike so many college students, I didn’t take out any student loans.
3 Major Changes to 529 Plans
States have been lowering fees and adding FDIC-insured CDs, among other notable adjustments of which advisors should be aware.
The educated boomer parent
Unbelievably, too many boomer parents still save for college with taxable vehicles. Advisors need to steer them toward tax-advantaged accounts - like 529 plans. Parents know...
oseph Hurley, founder of Savingforcollege.com, has published the Family Guide to College Savings, an 88-page manual that delves into the planning and savings options available to families for a child's college education. The guide covers areas such as affording the college of your choice; comparing college savings alternatives; transferring assets...
New Legislation May Lower Student Loan Interest Rates
The College Student Relief Act of 2007 (HR 5), introduced by Rep. George Miller (D-California) with 211 cosponsors, would modify the Higher Education Act of 1965 by cutting in half the fixed interest rates on need-based Stafford loans for undergraduates over a five-year period. The bill passed the House on...