Why Millennials Beat Boomers at Saving for Their Kids’ College
The high cost and ultimate value of a college degree are hitting home like never before, new research shows. A record 69% of families with college-bound children are saving for the expense. A record...
View ArticleThese Are the Best 529 Plans
Thanks to decreasing fees and better investment options, 529 college savings plans are improving, according to Morningstar’s annual rating of the 64 largest plans. The investment research company...
View ArticleThe Best College Savings Plan You May Never Have Heard Of
Comparing a Coverdell Education Savings Account to a 529 college savings plan might seem like putting a Big Wheel up against a Harley Davidson. According to the Investment Company Institute, 529 plan...
View Article10 Last-Minute Ways to Fund Your 529 Plan for 2015
If you haven’t put much—or any—money in your kids’ 529 plans this year, there’s still time before you ring in 2016. You know why you should: Your contributions will grow tax-free and you can use...
View Article3 Smart Ways Grandparents Can Chip In for College
Searching for a meaningful gift for your grandkids this holiday season? Try money for college. If you do it the right way, you might also end up with a little extra for yourself or your kids:...
View ArticleHow the New Federal Budget and Tax Bill Could Lower Your College Costs
Congress passed a $1.1 trillion spending bill and $700 billion in tax breaks on Friday that may directly affect how you pay, save for, and deduct college expenses. Included in the bill, which covers...
View ArticleIt Just Got Easier to Cut College Costs with a 529 Savings Plan
In a long overdue nod to the reality of being a student in the 21st century, Congress recently added computers to the list of expenses that can be paid for with tax-sheltered money from a 529 college...
View ArticleThe Right Way to Invest for College
When putting away money for retirement, you probably have a pretty good idea of the basics: Start early, pick a balanced, low-cost portfolio of stocks and bonds, and aim to spend it down judiciously...
View ArticleShould You Gamble on a Prepaid College Tuition Plan?
Pay tomorrow’s tuition at today’s prices? That sounds like a great deal—and it might be, but only under certain circumstances. Here’s what you need to understand about prepaid 529 plans. HOW THEY...
View Article5 Costly 529 College Savings Plan Mistakes
In part because of the tax breaks they offer, 529 college savings plans have become a popular way to set money aside for one of the biggest bills most of us will ever face. The total assets in these...
View ArticleIf You Want to Send Your Kid to College in 10 Years, Do These 6 Things Now
You know you were supposed to start saving for college when your child was born. But maybe you didn’t. The money you meant to save, you spent—on diapers, preschool tuition, and now, soccer cleats....
View Article3 Financial Must-Dos for New Parents
About to have a baby? Thinking about having a baby? There are a few things – at least financially – that you need to think about before the new addition to your family arrives. Alexa von Tobel...
View ArticleWhat You Need to Know About 529 College Savings Accounts
In honor of 529 College Savings Day on May 29th, MONEY wants to help you better understand how 529 plans can boost your college savings. Your investment in a 529 account grows tax-free, and when you...
View ArticleWhy Millennials Beat Boomers at Saving for Their Kids’ College
The high cost and ultimate value of a college degree are hitting home like never before, new research shows. A record 69% of families with college-bound children are saving for the expense. A record...
View ArticleThese Are the Best 529 Plans
Thanks to decreasing fees and better investment options, 529 college savings plans are improving, according to Morningstar’s annual rating of the 64 largest plans. The investment research company...
View ArticleThe Best College Savings Plan You May Never Have Heard Of
Comparing a Coverdell Education Savings Account to a 529 college savings plan might seem like putting a Big Wheel up against a Harley Davidson. According to the Investment Company Institute, 529 plan...
View ArticleThis College Is Matching Families’ 529 Savings with Tuition Discounts
Here’s another good reason to save for college: The university your child attends might match your savings dollar for dollar. One college just announced it is matching thousands of dollars in tuition...
View ArticleOne Way Crushing Student Loan Debt Has Helped Millennial Parents
College has consumed every third waking moment of my life for the past 13 years. First I had to decide where I wanted to go to college. Then, after four years of enjoying college, I’ve spent the past...
View ArticleBest and Worst 529 College Savings Plans
A 529 plan may be your best way to save for college, but according to the latest annual ratings released today by Morningstar, not all plans are created equal. Morningstar analysts rated 63 of the...
View ArticleWhat Trump’s Election Means for College Students and Parents
Elections, as they say, have consequences, and last night’s presidential victory of Donald J. Trump may have more than most. While President-elect Trump’s policy statements during the campaign...
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