Most parents want to give their children the best opportunity for success, and getting into the right college may help open many doors. A recent study by Georgetown University found that 63% of marketable jobs in 2018 will require post-secondary education.¹ Unfortunately, being accepted to the college of their choice may not be as easy […]
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‘College Planning’ Category
Parents looking to take advantage of the many benefits of saving for college with a 529 plan will want to know the full details on which educational expenses qualify for tax-free distribution status — and which do not.¹ In Publication 970, the IRS gives detailed guidance on qualified expenses. Here are a few important points. […]
The U.S. Department of Agriculture estimates a middle-income family with a child born in 2012 can expect to spend about $301,970—adjusted for projected inflation—to raise a child to the age 17.¹ That’s over one and one-half times the median value of a home in the U.S.²And if you’ve already traded that super-charged convertible dream for […]
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