|
Editor: Crass Cash  I had a kid a little over a month ago. Let's clarify that, my wife did all the work and I held her hand. I've been writing about 529 plans for years, but now was my shot at actually getting to open one! I thought this was going to be a daunting task, but it turned out to only take 15 minutes. Here's how and what I did...
0 Comments
Editor: Crass Cash  This recommendation came from a reader. Scholarships are hugely important when it comes to paying for college. Without I never would have been able to get out of school with no student loans. Not to mention when I went to school the internet was around, but we never had sites like this one where we could apply and search for all available ones in order to maximize our benefits.
http://www.collegescholarships.com/ If you have a kid or you're getting ready for college be sure to checkout this site and see what they have to offer. California alone has over 3,000 scholarships! Editor: Crass Cash  It's not official yet, but most likely two changes to the 529 college savings plan would that...
1. You will eventually be able to make tax free distributions for the purchase of a computer. (Duh!) 2. Taxes and penalties would be waived if a student had to withdraw from school due to illness. However, the refunded tuition would need to be put back into the 529 account within 60 days. |
AuthorThis website was created due to the atrociously misguided financial advice that I've heard over the decades. Financial freedom is not intellectually strenuous, but it takes discipline. Categories
All
Archives
October 2017
|
RSS Feed
