Saving for College's Podcast: Recent Episodes
Jullian
Savingforcollege.com is an unbiased, independent resource for parents and financial professionals, providing them with information and tools to understand the benefits of 529 college savings plans and how to meet the challenge of increasing college costs.
We'll review what it means to use your 529 plan to pay for room & board, the second largest portion of a student's college bill!
Check out the full article here: https://www.savingforcollege.com/article/using-your-529-plan-to-pay-for-room-and-board
There are a lot of nuances to 529 plans. Here we review their tax and financial aid benefits, how to choose between them, how much to contribute, what constitutes a 'qualified expense', and more!
Check out the full article here: https://www.savingforcollege.com/article/how-do-529-plans-work
We'll review what a 'qualified expense' means and how to avoid getting charged a 10% penalty + income tax on the money you withdraw from your 529.
Check out the full article here: https://www.savingforcollege.com/article/what-you-can-pay-for-with-a-529-plan
We'll review all you need to know about 529 contribution limits, how that is affected by the gift tax exclusion and 5-year election, where the lifetime gift exemption amount fits in, and state tax benefits to consider.
Check out our full article here: https://www.savingforcollege.com/article/how-much-can-you-contribute-to-a-529-plan
Withdrawing money from your 529 is not always as simple as you think! Consider these 6 tips to avoid problems down the road.
Check out the full article here: https://www.savingforcollege.com/article/avoid-these-529-withdrawal-traps