4 Pillars for High-Income Families Paying for College
Most kids of high-income professionals won't qualify for need-based financial aid. It's best to rely on four pillars to pay for college.
Most kids of high-income professionals won't qualify for need-based financial aid. It's best to rely on four pillars to pay for college.
A 529 plan is a great way to save for college, but who are we trying to kid? 529s help save on taxes. If you're wealthy, be sure to use them.
Dr. Jim Dahle and Dr. Tyler Scott answer listener questions about 529 plans and Trump Accounts and how and if you should use them for your child's education.
Here's how to think about life and finances in the first year of your baby's life. You don't have to do everything, but here's a list anyway.
As my family grows, my wife and I will need to find ways to pay for college. What are the alternatives rather than just using a 529?
Let's talk about how many people are losing money thanks to social media financial advice and if 529s are getting less popular.
Answering reader questions about 529 accounts, how to invest them, and how to spend them down. We also discuss ways to help pay for college, and we answer a question about when or if the political climate should ever cause you to change your financial plan.
Answering reader questions about finances and family members, including what to do when you are supporting your parents financially, how the gift tax works when your parents are giving you an early inheritance, and what to do when you have a wildly overfunded 529.
You don't need $1 million in a 529. A 529 doesn't have to pay for everything either. Here's how to break away from the 529 lunacy.
The eternal questions when it comes to education is whether it is worth paying more for an education at a more expensive institution.
Answering listener questions about HSAs, UTMAs and the tax benefits of contributing to them, whether you should tax-gain harvesting in a UTMA, and I Bonds within a 529.
At what point does it not make sense to contribute to a 529? Or is there always going to be some benefit to saving for college that way?
Answering reader questions about a tough estate planning situation with a listener finding herself in an undesirable situation, cost segregation studies and rental properties, and navigating your first attending job.
Answering reader questions about how to help your kids build wealth by funding Roth IRAs, HSAs, and 529s; using brokerage accounts to get an attractive yield on cash; and making sure you get your full match when you have a mandatory 403(b) contribution.
Answering listener questions about asset protection, 529 accounts and how to use them, and the SAVE plan and how it's an extremely generous governmental program available to docs.