Articles by Reyna Gobel
Parents can miss out if they wait to purchase credits from these college savings plans.
The investments in Coverdell and IRA accounts can be changed more frequently than in 529 plans.
Apply for need- and merit-based scholarships offered by states that contribute to 529 plan accounts.
Check if changes in income affect a student’s eligibility for federal or university financial aid.
Children who have lost a parent can set up a memorial page to solicit contributions to a 529 account.
Compare 529 plan performance with index funds and over a long-term period to gauge potential growth.
Essay contests and sales are a few ways 529 plans offer incentives to save for college.
Check if tax-advantaged 529 plans are offered and if the bank is affiliated with a brokerage.
Estimate future tablet and ebook costs and encourage children to help save for college technology.
Costs such as an increase in the price of gas can be budget-busters for college students.