Despite early planning and discussions with their children about paying for college, student debt has many parents and students wishing they had begun the process sooner, according to a survey by Citizens Bank.
Category: College Planning
College Planning
529 Plans A Well-Kept Secret, Survey Says
The 529 college savings plan market may be one of the best-kept secrets in the U.S. investment industry, according to a new survey.
Are Parents Reaching Too High In College Savings Goals?
There’s a magic number when it comes to saving for college, and it's lower than you may think.
529 College Savings Plans
A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs. 529 plans, legally known as “qualified tuition plans,” are sponsored by states, state agencies, or educational institutions and are authorized by Section 529 of the Internal Revenue Code.
What Parents Need To Know About Saving For College
If you’re saving for your child’s higher education, you probably have a lot of questions besides “When did college get so incredibly expensive?” One popular savings tool that might puzzle you the most is the 529 Plan. Started in the…
Read More What Parents Need To Know About Saving For College
Education Savings Vehicles
Save early, save often and understand the alphabet soup of options The cost of a college education increases every year, largely unbeknownst to you until you receive the bill.