Category: Financial News
The 411 on 529s
It’s back-to-school time and let’s face it — education can be expensive. The College Board reports that the average cost of in-state tuition, fees, room and board at a public four-year college in the U.S. was $20,770 last year. And that’s just a...
Colleges ask for a share of future salary in lieu of loans
As more students balk at the debt loads they face after graduation, some colleges are offering an alternative: We’ll pay your tuition if you offer us a percentage of your future salary. Norwich University announced Tuesday that it will become the latest school...
A Plan for Your Children Could Save Your Retirement
Steps you take when they’re young could launch them toward financial independence and get them out of the nest with no hurt feelings Financial advisers are adding a new wrinkle to retirement planning: a launch plan to prepare clients’ children to leave the nest when...
Parents: Here’s Why to Start Talking About College Costs With Your 8th Grader
Beth Kobliner, author of “Make Your Kid a Money Genius (Even If You’re Not),” reveals five common ways that our instincts lead us to teach our children the wrong lessons about money. Many times in parenting, we are given a single piece of advice, though it...
Should grandparents open a 529 savings plan to help with college costs?
WASHINGTON — With the steep cost of college, lots of grandparents feel the need to help cover some of the expenses. One way to assist is by contributing to a tax-advantaged 529 college-savings plan. Earnings in the account are tax-free if used for qualified expenses....Contact Us For A Free Launch Readiness Assessment!
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