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Using a Traditional IRA or a Roth IRA as a savings plan for college expenses. Earlier in this series I discussed using 529 Savings Plans and Cloverdell Education Savings Account (ESA) to help pay for college. In this installment I’ll go over how you can use Individual Retirement Accounts (IRAs) to pay for qualified educational [...]
Are you considering investing in your child’s college education? Ever wonder which college savings program is right for your specific financial situation? Well you’ve come to the right place. In part 1, I discussed the 529 College Savings plans. You can read about the 529 college savings plan here: 529 College Savings Plan In today’s post, I will talk [...]
Ever wonder which college savings plan is right for your child? Through the myriad of choices, it can be quite complicated to figure out which plan makes sense to your specific financial situation. In this 3-part series of blog posts, I will talk about the types of college savings plans available. There are generally 3 [...]
College savings plans are the answer to skyrocketing tuition. Education costs are rising at astonishing speeds; last year student loans overtook credit cards as the highest consumer debt. As college costs balloon it’s essential that you begin to prepare today for your children’s future expenses. There are 2 major vehicles for investing for tomorrow’s school [...]
In the midst of all the Back to School chaos I’m sure you’ve realized that one of your biggest expenses will be textbooks. College textbooks can easily cost $100 per book and if you’re taking several classes this will add up very quickly. While you might think that you don’t really have any other choice [...]
It’s the time of year again when everyone starts buying up the goodies they need for the new school year. Whether you are buying for elementary, high school or college chances are you will need to be stocking up on supplies, text books, new clothes and shoes. It’s important to keep in mind though that [...]
Parents worry a lot of about their child’s future. There are just so many factors to consider when it comes to planning their child’s future that many parents unfortunately end up forgetting about the child’s education. It is important to realize that all parents want their children to go to school and according to Acumen [...]
Is College worth the cost? A recent in-depth news report from Russia Today portrays a bleak outlook for America’s college graduates. In 2010 the unemployment rate for university graduates was roughly 50% and the trend appears to be on track to happen again in 2011. After receiving their degrees these new entrants into the workforce [...]
