Ryan McKeown, CFP®, CPA, Senior Vice President and Financial Advisor at Wealth Enhancement, was featured by FinancialPlanning in the article, “Why Advisors Do and Don’t Recommend Trump Accounts.”
Learn how a 529 plan can help you save for your child’s education with tax-free growth and qualified expense coverage—from tuition and housing to computers and internet. Discover the long-term benefits of early investment and how it compares to Coverdell ESAs.
Watching a child graduate from college is one of the proudest moments in many parents’ lives. But before your kids put on those caps and gowns, they need to complete their education—and that can be costly.
Navigating life as a middle-aged adult in recent years feels like juggling fire while walking a tightrope—intense and demanding. The mounting pressures aren’t just about looking out for number one; they’re about holding up multiple generations. Welcome to the “sandwich generation!” Picture this: you’re caught between aging parents who need care and kids who aren’t quite ready to fly the nest.
When you’re in the diaper-and-bottle phase of parenthood, saving for college tuition probably isn’t a priority. But maybe it should be.
Given the rate at which college tuition is rising, a four-year public college will likely cost close to $200,000 in 18 years. With this high price tag, the earlier parents start saving, the better.
Learn how FAFSA and 529 plans impact college financial aid. Discover recent changes that benefit grandparents and how to maximize education savings tax-efficiently.
What happens if your child doesn’t go to college after years of saving in a 529 plan? Discover smart, tax-efficient ways to repurpose unused 529 funds—from vocational training and student loan repayment to transferring beneficiaries or using it yourself.