15 Dec What’s the best way for a grandparent to set up a 529 plan?
When it comes to financial aid, it's important who owns a 529 plan. ...
College
13 Oct Is this tax-saving strategy for college savings legal?
College accounts aren't considered charity, so this strategy won't work. ...
12 Oct Will this 529 plan hurt chances for financial aid?
What matters is when money is distributed from college savings accounts. ...
07 Aug Can I open a Roth IRA for my 12-year-old son?
You need to have earned income to contribute to an IRA....
30 Jul Will grandma’s 529 plan hurt student’s financial aid?
College savings plans can have unintended consequences for aid. ...
21 Jul The kids are in college. Do we still need life insurance?
Figure out your insurance need and the time frame you need coverage. ...
07 Jul Can I use a 529 plan to pay for K-12 tuition?
You may be able to use a 529 for younger education, depending on the state. ...
03 Jun I co-signed a student loan that’s in collections. Should I pay it off?
There could be tax consequences if part of a debt is forgiven....