Happy Graduation! Time To Repay Your College Loans

Graduation from college is an exciting time for many and signals the start of student loan repayment.  If you are a recent graduate, you may have a co-signer on your student loan.  If you are a parent or family member that is a co-signer on a college loan, there’s no better time than now to […]

529 Savings Plans: For Education Expenses and Estate Planning

A 529 plan is a state-sponsored tax-advantaged plan designed for saving for future education expenses authorized by Section 529 of the Internal Revenue Code. If used for education, the assets grow tax-free. According to the College Savings Plan Network, since 529 plans came into existence in 1996, they have grown to $425.2 billion in 14.83 million accounts. […]

Three Things Millennials Should Know About Savings

Millennials often get a bad rap when it comes to hitting certain financial milestones like moving out or buying a home, but they’ve proven to be ahead of the game when it comes to savings. In fact, 25 percent of Millennials who save have amassed more than $100,000 in their accounts.1 What else should members of […]

Creative Ways To Lower The Cost Of College

Even with all of your savvy college shopping and research about financial aid, college costs may still be prohibitive. At these prices, you expect you’ll need to make substantial financial sacrifices to send your child to college. Or maybe your child won’t be able to attend the college of his or her choice at all. […]

Congratulations, Graduates! What Are Your Next Steps, Financially?

What recent graduates (and their parents) need to think about Spring is here, summer weather has begun (in many places), and graduation time has arrived.  Across the country, students are finishing their high school, college, and even graduate school lives, after years of hard work, stress, excitement, and even some boredom.  Graduation is a time […]

Budget Basics For College Students

One extracurricular activity that every student can master while in college is personal money management. Typically, a student’s daily spending is done on an improvised basis, meaning that overspending is often the norm rather than the exception. It is estimated that during a school year, the average college or university student will spend over $4,000 […]

529 Plans Vs. Other College Savings Options

529 plans can be a great way to save for college, but they’re not the only way. When you’re investing for a major goal like education, it makes sense to be familiar with all of your options. MUTUAL FUNDS Mutual funds are an option to save for college costs. They offer unlimited investment control and […]