Plan/
My husband is active duty military and we are currently putting about $100/month into his TSP. I have heard others recommend only contributing in a 401K up to an employer match. Since his TSP doesn’t match, would it be better to contribute to a Roth IRA instead?
Continue reading about Should We Contribute To A Thrift Savings Plan?
My husband does not want to save using a 529 plan because of the penalties that would be enforced if our sons chose not to go to college, but just withdraw the money (10% plus all taxes.)
Are there any alternatives that would allow us to save comparably but without penalties? Or would the two just [...]
Continue reading about Is There A Decent Alternative To The 529 College-savings Plan?
I am 17 and in college, I don’t have a paid job yet but will be doing voluntary (will try find a few hours at night for paid work, moving out shortly).
I want to save half of everything (except maybe when I HAVE to break into it if I go on holiday in october). I [...]
I am having twin boys in July, and would really like to set up some kind of account or savings bond or something for them. Ideally, it’d be something I can add their birthday/holiday money to also over the years and would collect interest. Not neccesarily a college fund, but a nice little nest egg [...]
Continue reading about Best Starting Savings Plan For New Babies?
For eg: my employer provides me with a 401(k) plan that allows me to invest the money in individual stocks rather than the default mutual fund choices that the account provides. I was wondering if any provider offers a 529 plan with this kind of flexibility.
I am putting money in a 529 college savings plan for my infants. My financial adviser suggests we put our money in a Class C mutual fund. I remember reading somewhere that Class A is the better way to go. I don’t really know what is the difference and what advantage one has over the [...]
Continue reading about Which Class Level For 529 College Savings Plan?
What is the point of saving for college for your children if it disqualifies them from getting govt aid. The amount you save (say $40,000) isn’t going to cover all of their expenses for a 4 yr public program in 2017.
Please enlighten me, does having a 529 account disqualify you from getting federal aid. If [...]
My daughter adjusted no problem (almost 3), but my 5 month old is killing me! As if I wasn’t already sleep deprived enough!
I opened a collage 529 savings plan for my child. Several reletives have contributed money to the account. I am worried that the IRS will ask me how a got the money.
I’m feeling the 529 is the way to go, but I don’t want to use our state program in the event they don’t go to school in the US (am I correct in the understanding the 529 money can be used for out of the country schooling, but not if you do it through your [...]
Continue reading about Is There An Online 529 College Savings Plan In Order To Avoid Fees?
Recent Comments