You cannot use a 529 plan to pay for health insurance, but many colleges require students to have health insurance. College students have the option to stay on their family’s health insurance, enroll in a campus health plan or purchase their own insurance plan.

Measuring the risk of age-based investment glide paths and target date funds is challenging because they consist of a series of portfolios, as opposed to a single static portfolio. With a static portfolio, the risk is the percentage of the portfolio’s assets that are invested in equities (e.g., stocks). This white paper defines the risk of an investment glide path as the average of the initial and final percentage equities.

Single parents – especially single moms who struggle to obtain adequate child support and have to live on a single income – have an uphill climb in generating enough college savings for their children. The good news is that there are ways for single moms and dads to set aside enough money for college. It isn’t easy, but single parents can get the job done.

College is very expensive. College costs as much as a small mortgage, but without owning a home. Saving for college can help you pay for college costs and reduce student loan debt. The more you save, the less you need to borrow. But, how much should you save for college?