College saving
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4 reasons why a college education is so important
With the costs of a college education continuing to rise and the pandemic having forced so many schools into remote learning, it’s no surprise that many are questioning the value of a college degree. But here are four reasons why a college degree is still so important.
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Should you convert your child’s UGMA/UTMA into a 529 college savings plan?
Did you know that UGMA and UTMA accounts are reported as the student’s asset on the Free Application for Federal Student Aid (FAFSA), while 529 college savings plan accounts are treated as the parents’ assets? There are a number of reasons why it may make sense to switch to a 529.
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A SECURE way to pay down student loans
The SECURE Act now allows 529 college savings plan account holders to withdraw up to $10,000 tax free for payments toward the qualified education loans of the account’s beneficiary and siblings. The Act also allows students who are pursuing an apprenticeship to use 529 plan distributions tax free.
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Looking for scholarships? Four tips to help your search
Your child doesn’t have to be an elite athlete or class valedictorian to earn a college scholarship. There are millions of opportunities available. Here are four tips to help you and your child navigate the process.
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5 myths about 529 college savings plans
Although 529 college savings plans have been around for more than 20 years, many parents don’t understand a lot about them. Learn about some of the more common myths.
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How do 529 plan enrollment-based portfolio glide paths work?
Target-date funds aren’t limited to retirement saving. Find out how to harness the benefits of an asset allocation glide path in your 529 plan, too.
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