Get a Jump on College Tuition

Parents and grandparents saving for college have an opportunity to put money aside in a tax-advantaged plan.   Section 529 plans are available in all states and the District of Columbia and allow you to either prepay or contribute to an account for paying a student's qualified education expenses. Among the advantages: Qualified withdrawals are free from federal tax Continue Reading

Investing in College: Tax Credits and Other Tips to Maximize Your Return

With the school year now in full swing, many people are thinking about ways to lower college costs for their children and grandchildren. The College Board estimates that the average cost of college for the 2013-2014 school year was $40,917 at private not-for-profit four-year colleges and $18,391 for state residents at public four-year universities. These figures include tuition, fees, room and Continue Reading

How Much Does it Cost to Raise a Child? Plenty

Back-to-school shopping is just one example of how expensive it can be to raise a child. Today's youngsters want more than pencils and gym shoes to start the school year. Kids also expect (and often get) cell phones, personal computers and designer jeans. The costs continue to mount as you sign up your children or grandchildren for after-school care, piano lessons, Boy Scouts and travel soccer -- Continue Reading