Embarking on a journey toward higher education is an exciting endeavor for young adults. For some, college is the first step of adulthood, living on their own and discovering a new world of opportunities. Over the past few decades however, the cost for this journey to self-discovery has gotten expensive. According to a report from U.S. News, college tuition has risen more than 125% over the last two decades. It is becoming increasingly imperative for parents and students to create… Read more ›
Young adults who start their careers weighed down by college debt have a tough time buying a home or maxing out a retirement plan. That’s why, in 1996, Congress added Section 529 to the Internal Revenue Code. It created a new tax-advantaged college saving vehicle. More than two decades later, “529 plans” now collectively hold around $320 billion in assets.A lesser-known alternative, with its own set of pros and cons, is the custodial Roth IRA. Even if you’ve already started… Read more ›
Councilor, Buchanan & Mitchell is proud to host Cozy Wittman, an experienced college search speaker with College Inside Track on Wednesday, September 28, from 6:30 to 7:30 pm EST. Cozy, a college planning… Read more ›