Expert Advice, Straight From the Horse’s Mouth.

Below you’ll find links to articles, data, and trends in the area of college expenses and savings options. We will also list quotes and references from industry experts, financial analysts, and tax advisors.

Grandparents Are Eager to Help Parents Finance Their Grandchildren’s College Education

In a recent study by the Hartford Financial Services Group, Inc. it appears that a significant number of grandparents are ready, willing, and able to help; parents just have to ask the question.

Source: www.thehartford.com

» read the full article                                   

Lesson for Grandma – 529s Trump Savings Bonds

With the end-of-the-year holidays approaching, many generous grandparents are looking for ways to pass on some financial gifts to their grandchildren. But giving savings bonds as presents only guarantees the family will be stuck with an investment that offers a low rate of return and a high degree of hassle.

Source: www.registeredrep.com

» read the full article                                   

College Savings 101 – For Grandparents

In a 1999 survey commissioned by Fidelity Investments, nearly two-thirds of grandparents indicated a willingness to contribute to their grandchildren's college savings accounts. And in fact, hundreds of thousands of grandparents have already enrolled in 529 plans. If you are a grandparent, you will find 529 plans uniquely suited for this purpose.

Source: www.savingforcollege.com

» read the full article                                    

Using 529 Plans to Invest for College and Manage Wealth

In recent years, Section 529 plans have become a popular tool for investors to set money aside for future college expenses. What many don’t realize is that 529 plans can also serve as an effective wealth transfer tool.

Source: www.finance.yahoo.com

» read the full article

The State of College Savings: 529 Investors Still the Most Successful Savers

The College Savings Foundation concluded their annual “State of College Savings” Survey of 800 parents across the country, finding that parents owning 529 college savings plans were the most successful group in saving for college.

Source: www.collegesavingsfoundation.org

» read the full article

More Families Saving for College

Fidelity Investments fourth annual College Savings Indicator study reported that more parents are saving in a dedicated account , particularly tax-advantaged 529 college savings plans. Parents with younger children are especially focused on putting money away for college, and they are more successful in saving for these needs.

Source: www.fidelity.com

» read the full article