New FAFSA rules opened up a 'grandparent loophole' that boosts 529 plans
New FAFSA created the "grandparent loophole" allowing nonparents to use 529s to help pay for school without hurting a student's financial aid chances.
Source: yahoo.com
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Personal finance: Create savings strategy for child's college
Systematic saving with 529 plans is a great way to maximize funds
Source: yahoo.com
Have Leftover 529 Funds? Expert Strategies for Unused Balances
Excess 529 funds represent both a challenge and an opportunity, and knowing your options is essential. Higher education costs are still on the rise. Tuition inflation at public four-year colleges averaged 12% from 2010 to 2022, according to the Education Data Initiative. With this surge and the resuming of student loan payments this month, it’s no surprise families are looking closely at their 529 plans.Some 529 plan account owners have discovered leftover balances, and determining how to handle
Source: yahoo.com
What parents need to know about college savings plans
Oct. 1—Gone are the days when college students could work a part-time job and pay off their tuition bills. As higher education costs skyrocket and inflation rises, prospective students and
Source: northwestgeorgianews.com
How I've Used 529 Plans to Save for My Kids' College
She has 529 plans for her two children and has saved for years, but she knows there's a more urgent line item in her budget: retirement.
Source: businessinsider.com