529 College Plans

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Will Saving For College Hurt Your Odds for Financial Aid?

Is your family going to qualify for financial aid? Many families that I talk to assume that they won’t qualify for financial aid. Many believe that the money that they’ve stashed in their college savings accounts will kill their chances. Stressed Out Dads It’s been my experience that it’s usually dads who get stressed out […]

10Nov2010 | Lynn | 0 comments | Continued
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Maximizing Financial Aid Awards

How do you maximize potential financial aid awards? Today I want to share with you a wonderful resource – TuitionCoach — that may be able to help you do just that. Until last week, you had to pay to use TuitionCoach, but not anymore. The site contains college funding videos, a library of financial aid […]

4Oct2010 | Lynn | 0 comments | Continued
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Get The College Solution for Free

I just learned from my publisher that the Kindle edition of my book, The College Solution: A Guide for Everyone Looking for the Right School at the Right Price, will be free next week. That’s right, The College Solution on the Kindle will be FREE from Aug. 9 to Aug. 14. Normally the Kindle version […]

7Aug2010 | Lynn | 3 comments | Continued
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529 Plans: Investing at the Last Minute

Are 529 plans only for younger children? The answer is absolutely not! I think a lot of parents with college-bound teenagers, however, assume that their days of contributing to a 529 plan is over. By this time, parents are beginning to drain their 529 plan. You could save a bundle in taxes, however, if you […]

6Jun2010 | Lynn | 1 comment | Continued
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New College eBook: 152 Ways to Cut the Cost of College

Are you worried about how you’re going to pay for college? I thought so, which is why I wrote an eBook that’s packed with ways to cut college costs. The title of my new eBook is Shrinking the Cost of College: 152 Ways to Cut the Cost of a Bachelor’s Degree. Click the book icon […]

21May2010 | Lynn | 2 comments | Continued
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Financial Advice for College Graduates: 6 Financial Tips

I banged out an email full of financial advice this week to a soon-to-be college graduate, who luckily has already lined up a job. She wanted to know if she should start saving for retirement as soon as she graduates. Here’s what I told her: Absolutely! I was thrilled that this young woman was already […]

20Apr2010 | Lynn | 0 comments | Continued
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College Taxes: Beware of 529 Plan Taxes

Ever hear about college taxes? No this isn’t a joke. If you aren’t careful you could owe college taxes on your 529 plan. Nobody tells you that you could ultimately owe taxes on a 529 college plan, but plenty of people discover this nightmare during tax season. Before I get to the bad news, let […]

15Mar2010 | Lynn | 3 comments | Continued

Saving for College with a Roth IRA: 8 Things You Need To Know

There’s been tons of media attention over the years on the best places to save for college. The 529 savings plan has grabbed the most attention. I’ve used 529 plans for both of my kids through Vanguard, but today, I want to suggest another potential way to save for college:  a Roth IRA for your […]

16Feb2010 | Lynn | 2 comments | Continued
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No. 1 FAFSA Myth: College Savers Are Penalized

I want to follow up on yesterday’s post that explained why saving for college almost never hurts a family’s chances for student aid. Yesterday I shared a chart that illustrates how colleges allow families to shelter a large chunk of their savings from FAFSA financial aid calculations. You can see the FAFSA chart by clicking […]

27Jan2010 | Lynn | 0 comments | Continued
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The Horrors of Student Loan Defaults, 529 Plan Tax Deductions and More

Here are links to my college blog posts for CBSMoneyWatch for the past week: The Horrors of Defaulting on a Student Loan In some respects, the college admission process can be fun. It’s fun to visit colleges and it’s fun to  receive acceptance letters in the mail. What’s not fun is paying for college. Sometimes […]

15Nov2009 | Lynn | 0 comments | Continued