Piecing together an organized college savings plan on National Puzzle Day
The holidays are finally over. Or are they? In reality, every day is a holiday — if you believe the websites that document this type of thing. There’s International Sweatpants Day, National Popcorn Day, Measure Your Feet Day and even Answer Your Cat’s Question Day. (That last “holiday” was Jan. 22, so you have an entire year to prepare for your next feline inquisition.)
Taken in context then, National Puzzle Day sounds pretty reasonable. We don’t know who conceived of this holiday — it remains a mystery, which seems appropriate — but we do know when it is: Jan. 29. What does all this have to do with 529 college savings plans? I can think of at least three things you need to do to be successful at both puzzles and college savings. Let’s take a look.Continue
A 529 college savings plan can bring a smile to your grandchild’s face for years to come
The holidays are upon us again, and many grandparents are looking forward to one of their favorite moments of the season – the delighted smiles of grandkids opening a present they’ve been dreaming of all year. Give it a few weeks, though, and last year’s trendiest toy often becomes this year’s latest giveaway.
This season, consider a gift your grandkids won’t break, wear out or outgrow – the enduring gift of a college education.Continue
The ABCs of your EFC
With the high cost of college, chances are good that federal financial aid won’t cover all your child’s college expenses, which is why many parents have opened 529 college savings plans to help fund their child’s education.
In fact, one of the biggest questions I receive from parents is, how will a 529 college savings plan account affect need-based student aid?
To answer that question, let’s start withContinue
What parents need to know about the new FAFSA timeline for student financial aid
College is expensive, and getting financial aid that doesn’t have to be paid back is every parent’s dream. To achieve that dream for your child in the 2017-2018 school year, you need to be aware of two significant changes to the FAFSA (Free Application for Federal Student Aid) process. Otherwise, your child could miss an opportunity for federal grants and work-study funds.
The financial aid clock is ticking
The most significant change is thatContinue
How the architects of CollegeBound 529 approached the challenge of keeping up with skyrocketing education costs
In 2015, the State of Rhode Island selected Ascensus College Savings as the program manager and Invesco as the investment manager for the state’s 529 college savings plan, which is available to investors nationwide. In this role, we at Invesco created a suite of investment options specifically designed to meet the unique needs of college savers, who face fast-growing college costs and a limited time to save.
Our plan has three tiers:Continue