COLLEGE SAVINGS 101

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College Savings Tips with Julie Shields-Rutyna

Join Brian Boswell and the Massachusetts Educational Financing Authority (MEFA)’s Julie Shields-Rutyna for a live Facebook event, Tuesday, February 28th. Brian and Julie will be taking questions from the audience on topics like 529 plans, financial aid and more.

| Julie Shields-Rutyna | | 529 plans | | financial aid | | Q&A |
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The Best Way to Save For College Live Q&A Event

Second only to retirement, planning for your children’s college education is one of the most important financial decisions your family has to make.

| Judy Minsk | | save for college | | q&a college savings |
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5 year end tax tips for college savers

Parents and grandparents who use 529 plans to save for college are eligible for a number of tax benefits. This checklist will help you maximize your savings in 2016.

| Tax Benefits | | College Savings | | Gifting | | QHEE |
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5 types of students who benefit from 529 plans

No matter what "type" of student you’re saving for, a 529 plan can be an excellent way to plan for college expenses. Click through our slideshow to see how a variety of students can each benefit from a 529 plan.

| 529 plan | | slideshow | | scholarships | | qualified expenses | | financial aid | | grandparents | | paying for college | | college costs |
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5 things to consider before doing a 529 plan rollover

Before you make any changes to your plan, ask yourself these five questions.

| Rollover | | 529 plan | | recapture tax | | 529 plans | | non-qualified withdrawal | | taxes | | Coverdell ESA |
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Avoid these 529 withdrawal traps

Once you've entered the "withdrawal phase," of your 529 plan, be sure you make the right decisions when tapping your 529 account. Here are six mistakes you'll want to avoid.

| 529 plan | | 529 plan withdrawals | | qualified expenses | | tuition | | tax benefits |
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The best way to withdraw 529 funds

It will soon be time to pay your bill for fall semester expenses! Here is some advice for how much and when to withdraw 529 plan funds, and also some tips on designating the distributee.

| 529 funds | | withdraw | | 529 plan | | money | | qualified expenses | | 529 plan withdrawals | | paying for college |
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100 weird scholarship ideas

Worried that your student is out of the running to receive scholarships to help pay for college? Fear not! There is plenty of scholarship money out there - you might just have to get a little creative.

| paying for college | | 529 plan | | scholarships | | unique scholarships | | student | | college | | college tuition | | Penny Hoarder |
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Saving for college? These 6 mistakes can cost you

Parents can maximize their child’s education savings by learning about 529 plan rules and avoiding these six costly college planning mistakes.

| saving for college | | paying for college | | 529 plans | | qualified higher education expenses | | savings goals | | financial aid | | scholarships | | American Opportunity Tax Credit |
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8 common 529 plan mistakes to avoid

529 college savings plans are great investments, but they're not foolproof. This slideshow reveals eight of the most common errors people make when choosing, investing in, and withdrawing from 529 plans.

| 529 plan | | 529 plan withdrawals | | qualified expenses | | choosing a 529 plan | | fees and expenses |
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Can I use my 529 plan to buy electronics?

A question that’s been on the minds of families for some time now is whether or not “supplies and equipment” includes electronics such as computers, smartphones and tablets.

| 529 plan | | saving for college | | paying for college | | qualified expenses | | computers | | 529 plan withdrawals | | room and board |
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[VIDEO] What is a qualified expense?

These are all common questions we hear from families related to 529s.

| 529 common questions | | college savings | | withdrawal 529 | | qualified 529 expenses |
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Can 529 savings be used to pay for summer courses?

Taking summer courses is a great way for students to get ahead and possibly graduate sooner. And yes, you can pay for most summer classes with 529 savings and still maximize tax benefits. Here are a few things to consider:

| 529 plan | | paying for college | | 529 plan withdrawals | | qualified expenses | | summer school | | cost of attendance |
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Is your child headed for the Ivy League?

Tens of thousands of students from all over the world apply to Ivy League schools each year. Take this quiz to see if your child is on track.

| parenting | | quiz | | ivyleague | | 529plan |
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Ask an Expert: Should I still use a 529 plan to save if I am unsure of my child's higher education plans?

Parents often delay opening a 529 account because of uncertainty regarding their child's plans for higher education. Marguerita Cheng of Blue Ocean Global Wealth explains how parents can still benefit from 529 plans even if their child doesn't end up needing the funds.

| 529 plan | | saving for college | | scholarship | | military | | withdrawal | | nonqualified withdrawal |
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Are you a financially savvy parent?

As a parent, you have a lot to think about on a daily basis - but how much thought are you giving to your household finances? Start here by taking this quiz to find out if your family finances are on the right track!

| personal finance | | parenting | | savings | | paying for college | | saving for college | | quiz |
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What you need to know about President Obama's 529 tax proposal

In light of President Obama's recent proposal to eliminate the federal tax benefits of 529 plans, here are the facts on the proposal as it currently stands, as well as some ideas on how you can take action against it.

| 529 plans | | Obama | | tax rollback | | qualified withdrawals | | families | | no 529 tax |
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The President's backdoor plan to increase 529 savings

Reaction to President Obama's proposal to impose tax on qualified distributions from 529 savings accounts.

| President Obama | | College Saving | | 529 Plan | | taxes | | community college | | qualified distributions |
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5 reasons to keep your 529 plan open during college

Even if there's only a small balance left in your 529 plan after paying your tuition bills, it's usually a smart idea to keep the plan up and running. Learn why.

| 529 plan | | paying for college | | 529 plan withdrawals | | qualified expenses | | cost of attendance | | grandparents | | tax benefits |
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How college savings can make a great gift

Here's a great gift-giving idea that you can incorporate annually into your child's life, and even put a college-savings spin on it.

| college savings | | 529 plan | | graduation | | qualified expenses |
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College Savings Timeline: Time for college

All the hard work you've put into building up your child's college savings account has paid off, and now it's time for them to head off to college. What steps do you need to take to make a 529 plan withdrawal when the first tuition bill arrives?

| saving for college | | paying for college | | qualified expenses | | 529 plan withdrawals | | room and board | | tuition |
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VIDEO - What happens to my 529 plan money if my child gets a scholarship?

Parents are sometimes hesitant to open a 529 account for their child because they are afraid of incurring penalties on any unused funds. However, there are some exceptions to the to the penalty rule:

| 529 plan | | scholarship | | paying for college | | qualified expenses | | Joe Hurley |
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Top five ways to spend 529 savings

Withdrawals from a 529 plan must be spent on qualified higher education expenses to avoid tax and penalty. Just what types of college expenses are qualified?

| college savings | | 529 plan | | qualified expenses | | 529 plan withdrawals | | paying for college | | tuition | | room and board | | equipment | | special needs equipment |
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529 Day Q&A Webcast hosted by Savingforcollege.com

Mark your calendars! In honor of 529 Day, Thursday, May 29th at 1:00pm ET Savingforcollege.com is hosting a live webcast featuring the industry’s top experts. This is your chance to ask questions regarding 529 plans, financial aid and where college savings fits into your family’s financial plan.

| 529 plan | | 529 plans | | 529 day | | college savings | | webinar | | webcast | | q&a | | college savings questions | | 529 plan myths |
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Annual College Savings Survey results: All that you can leave behind

As college costs in America rise faster than the rate of inflation and total student loan debt surpasses $1 trillion, more relatives are exploring the idea of helping pay tuition for grandchildren, nieces and nephews.

| 529 | | 529 plans | | grandparents | | pay for college | | save for college | | student loans | | financial aid | | required minimum distributions | | college savings survey |
 

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