May 29th is National 529 College Savings Day. A 529 Plan is a state-sponsored college savings plan that can be used to sock away higher-education money on a tax-free basis. Unfortunately, far too few Americans have 529 plans, perhaps because ...
Q: To finish college, our son will need an additional $20,000 for his final two years. We are thinking of using some of our 401(k) money. My husband will be almost 60 by then, so no penalty. With our social ...
You may have considered tapping in to your retirement fund if you were short on cash and needed access to funds after an emergency, or if you are going back to school and need funds to pay for your college ...
One of my lucky readers just got $5,000 from a family member -- not for her, but for her young daughter's college education. Her question: what to do with it? My answer: Put it in a 529 Plan. A 529 ...