<p>As tax laws change, college investment planning becomes increasingly complex. The most beneficial strategies for creating a college fund are quite similar to other investment tactics. Investment products that are tax deferred, tax exempt, or transferable without tax consequences can be especially advantageous. This could be even more effective if you do your planning early. [&hellip;]</p>

<p>Financial aid for college consists of loans, grants, scholarships, and work study. Grants and scholarships are worth searching for because they don&#8217;t have to be paid back, unlike student loans, which require an ongoing financial obligation, or work study, which requires a work commitment. There are generally three sources for college grant aid; the federal [&hellip;]</p>

<p>For adults with student debt and extra money on hand, deciding whether to pay off student loans early or put those funds toward retirement can be tricky. It’s a financial tug-of-war between digging out from debt today and saving for the future, both of which are very important goals. This decision is relevant today considering [&hellip;]</p>

<p>In late December 2020, Congress passed the Consolidated Appropriations Act, 2021, another relief package in response to the pandemic. The bill included several provisions related to education, including $22.7 billion for colleges and universities. Here are some key highlights. Simplified FAFSA. The bill accomplishes the long-held bipartisan objective of simplifying the Free Application for Federal Student [&hellip;]</p>

<p>Once you’ve determined how much it could cost to send your children to college, your next prudent step is to develop a systematic investment plan that may help you to accumulate the necessary funds. What are your funding options? Which would be appropriate for your situation? We’ve listed several below, along with a brief description [&hellip;]</p>

<p>Almost 3 million adults moved in with a parent or grandparent during the months of March, April, and May 2020.1 A large percentage of them were college students returning home early because their campuses shut down, but many were young adults who had launched careers and were living on their own. Some returned because their family [&hellip;]</p>

<p>Looking for a tax-advantaged college savings plan that has no age restrictions and no income phaseout limits — and one you can use to pay for more than just tuition? Consider 529 savings plans, a popular way to save for higher-education expenses. Named after the section of the tax code that authorized them, 529 plans (also [&hellip;]</p>