Apprenticeship & Student Loan Payments

Federal Law Change (December 20, 2019). The Federal Consolidated Appropriations Act (2020) was signed into law by the President. It includes several new provisions related to 529 college savings accounts, effective for distributions made after December 31, 2018:

DISTRIBUTIONS FOR CERTAIN EXPENSES ASSOCIATED WITH REGISTERED APPRENTICESHIP PROGRAMS. Qualified higher education expenses shall include expenses for fees, […]

2020-01-22T10:57:45-06:00January 22nd, 2020|

Investment Change and 529 Tax Law Changes

Here are several important Plan updates:

  1. Investment Option to be Replaced (read more)
    On February 6, 2018, the Cohen & Steers Dividend Value Fund will be replaced in the CollegeCounts 529 Fund Advisor Plan Age-Based, Target, and Individual Fund Portfolios by the DFA U.S. Large Cap Value Portfolio. This will be an automatic change, with […]
2018-01-10T13:12:10-06:00January 10th, 2018|

Help your kid graduate college debt-free

Today, most parents are saving money for their children’s college education – 72% of them, according to a study by Fidelity Investments. But some 68% of students still graduate school with student loan debt, at an average of $30,000. Here are three ways you can elevate your savings strategy to help your kid graduate without […]

2017-01-09T09:58:33-06:00January 9th, 2017|

What to do when the tuition bill is due

As summer winds down, parents are getting ready to send their students to college — and to get notices that tuition payments are due.

By now you’ve likely made a list of the various financial accounts that you could use for your student’s education costs. Some of the most common are 529 plans, savings bonds and […]

2016-11-09T14:07:30-06:00August 17th, 2016|