Category: Education Planning

Helping Fund a Grandchild’s Education

Being able to dote on children is one of the advantages of being a grandparent. But some gifts, like a college education, are a bit too big to just be handed out. For grandparents (or other extended family members) who want to support a child’s education there are a number of methods available for use—each […]

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The U.S. Department of Education provides more than $150 billion in financial assistance for education each year. However, if you want your child to have a chance at receiving any of this aid, you’ll have to fillout FAFSA. FAFSA, or the Free Application for Federal Student Aid, is one of the most significant determinants of […]

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529 Plan Withdrawals

After years spent investing and saving for your child’s education, the moment it all pays off is when you can finally withdraw some of that money to cover the tuition bill. However, if you’re using a 529 plan to pay for your child’s education, it’s important to understand the potential tax implications and the best […]

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