A Parent-Child Conversation About College Costs
Is your child around 17 years old? Time to have the talk….the talk about the Cost of College, and what it means to borrow money. We explain in this week’s Financial Tip.
College Saving: How Does a 529 Plan Compare to a Roth IRA?
Roth IRAs and 529 plans have a similar tax modus operandi: both are funded with after-tax dollars and contributions accumulate tax deferred. But should you use a Roth IRA to save money for college? We explain in this week’s Financial Tip.
Tax Cuts and Jobs Act: 529 Plan Transfers to ABLE accounts
529 Plan account owners can now transfer funds without federal tax consequences from a 529 plan to an ABLE account, a tax-advantaged account for disability-related expenses for individuals who become blind or disabled before age 26. We explain in this week’s Financial Tip.
In the News: Private School Tuition is Now a Qualified Education Expense for 529 Plans
With more than 70 private schools in Cobb County, Bil Lako, CFP®, explains how you can now use 529 Plan assets for tuition. Read the Article in today’s Marietta Daily Journal
Private School Tuition is Now a Qualified Education Expense for 529 Plans
Principal Jennifer J. Thomas, CFP®, and Managing Associate D.J. Barker, CWS®, join Troy Harmon, CFA, CVA to discuss the changes the Tax Cuts and Jobs Act made to 529 Plans, now allowing withdrawals of up to $10,000 for private elementary and high school tuition.
How Much Should a Family Borrow for College?
Did you know you can borrow too much money for college? Learn the general guidelines for borrowing in this week’s Financial Tip.
Five Common Financial Aid Myths
Financial aid is confusing—you got that right! But don’t be misled by these five misconceptions. Read all about it in this week’s Financial Tip.
Private College 529 Plans Allow You to Buy Tuition at Today’s Prices
This week, Senior Associate Jarrett McKenzie, CFP®, CWS®, joins hosts Bil Lako, CFP®, and Troy Harmon, CFA, CVA to cover Private College 529 Plans that allow you to lock in today’s tuition prices at select private colleges and universities nationwide.
Grandparents Can Held Fund College Costs with 529 Plan
In today’s Marietta Daily Journal, Bil Lako, CFP®, shares tips on how grandparents can help toward higher education costs.
The IRS Has Become More Liberal With College Expenses
The IRS has expanded what falls under “qualified higher education expenses” for 529 Plans. Read all about it in this week’s Tax Tip.