Every January, my wife and I sit down and have a discussion about our financial goals for the new year. We don’t do resolutions, they don’t work for us. 896 more words
Tags » 529
Millions of families striving to meet the mounting costs of college have flocked to 529 college savings plans.
For most investors, the plans’ main attractions are the potential for federal tax-deferred earnings growth and federal tax-free qualified withdrawals.1 The plans’ aggregate asset limits, which often exceed $200,000, also appeal to contributors concerned about the potential for a six-figure price tag on a four-year degree. 626 more words
Another successful month in the Minion household! I am very pleased to keep raising the Networth bar. It’s telling me that I am doing something right each month, even though at times I am failing on keeping the family expenses underneath the monthly targets. 752 more words
I can’t think of a sector more ripe for change than the American higher education system. Americans now owe a whopping $1.2 trillion in student loan debt! 1,791 more words
The latest issue of Investment News reminded me of an article I saw recently about Marco Rubio, a Senator seeking the Republican Presidential nomination. It seems that he cashed in a 401k to buy a refrigerator, an air conditioner, pay some college costs for his children and cover some campaign expenses. 201 more words