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It’s no secret – college is very expensive, whether your kid attends a university close to home or in another state. It’s important to make some hard decisions sooner rather than later so you can plan well for your child's higher education.
Whether you are preparing to send your child to kindergarten or are dealing with teenagers, it’s never too early (or too late) to start planning for their higher education. Here are some of the most common financial mistakes parents make when it comes to college planning.
You've put in the hard work of saving for college, and now it's time to start using those 529 plan assets to help with a family member's education-related costs. But before you begin withdrawing those funds, it's important to understand the difference between qualified and nonqualified expenses.