As many of you probably already know, the average cost of college in the United States has skyrocketed over the last couple of decades. In a 20-year time frame (according to educationdata.org), the average price…
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Should You Use a Roth IRA to Save for College?
I hear this question a lot since a Roth IRA allows you to withdraw money to pay for qualified higher education expenses without paying a 10% early withdrawal penalty. While there are both advantages and…
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529 Facts- Is this type of college savings plan right for you?
You’ve heard this before – If you’re a parent, you should consider using a qualified tuition savings plan or a prepayment tuition plan to save even more for college. But while most parents are familiar…
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