How to Save for College
College is expensive. Parents pay for college using a combination of college savings, contributions from income, scholarships, grants, tax credits, student employment and student loans. Increasing the amount of college savings can make college more affordable and reduce the amount of student loan debt. But, how do you get started saving for college? What is the best way to save for college? This introduction to college savings will help you get the answers you need to your questions about saving for college.Read More
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Morningstar Releases 529 Plan Ratings
Morningstar Inc. released its annual analyst ratings for 529 plans on October 22, 2019. Morningstar rated 62 of the largest 529 college savings plans, assigning them to one of five tiers: Gold, Silver, Bronze, Neutral and Negative.Read more
How to Prepare Your Child for College (Ages 16-18)
With college just around the corner, it’s time for your child to finalize the college application and admissions process. Here are the final steps to focus on as your child prepares for college during their junior and senior year of high school.Read more
What you can pay for with a 529 plan
529 plans offer tax-free withdrawals when the funds are used to pay for qualified higher education expenses. In general, this includes costs of attending an eligible college or university. Starting January 1, 2018, this definition is expanded to include up to $10,000 in K-12 tuition expenses per beneficiary per year.Read more
How to give the gift of college savingsSee more articles
A gift of college savings is a meaningful alternative to traditional birthday, holiday, baby shower and graduation gifts. Many 529 plan gifting platforms allow friends and family to make a secure electronic deposit to a child’s 529 plan account.Read more
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Q&A with 529 Guru: Joe Hurley
Specialist Joe Hurley answers your questions.
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