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Use the 529 Grandparent Loophole To Maximize College Savings
Use the 529 grandparent loophole to fund a grandchild’s education without impacting their financial aid eligibility.
By Erin Bendig Last updated
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529 Plans: Everything You Need to Know About Saving for College
529 Plans 529 plans offer convenience and potential tax savings when putting money aside for education. That said, there are still a range of rules you’ll need to know (and follow).
By Elaine Silvestrini Last updated
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Five FAQs About 529 College Savings Plans
Thanks to recent policy changes, families have more options for what to do with money sitting in tax-advantaged 529 accounts.
By Mallika Mitra Published
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Five Steps to a Mindfully Fearless Career
If, like many women, you're struggling with imposter syndrome, try developing an athlete's winning mindset. It's as simple as facing one small fear every day.
By Lisa Cregan Published
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25 Best College Majors for a Lucrative Career
college One way to increase your chances of earning a good living is to pick a college major that prepares you to work in a field that pays well. Here are some of the best options and how you might expect to fare.
By Karon Warren Last updated
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How Intrafamily Loans Can Bridge the Education Funding Gap
To avoid triggering federal gift taxes, a family member can lend a student money for education at IRS-set interest rates. Here's what to keep in mind.
By Denise McClain, JD, CPA Published
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Home Office Tax Deduction: Work-from-Home Write-Offs
Tax Breaks Can you claim the home office tax deduction this year?
By Rocky Mengle Last updated
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How an Irrevocable Trust Could Pay for Education
An education trust can be set up for one person or multiple people, and the trust maker decides how the money should be used and at what age.
By Denise McClain, JD, CPA Published
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UTMA: A Flexible Alternative for Education Expenses and More
This custodial account can be used to pay for anything once the beneficiary is considered an adult in their state. There are some considerations, though.
By Denise McClain, JD, CPA Published