College
News, insights and expert analysis on college from the team at Kiplinger.
Latest
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How an Irrevocable Trust Could Pay for Education
An education trust can be set up for one person or multiple people, and the trust maker decides how the money should be used and at what age.
By Denise McClain, JD, CPA
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UTMA: A Flexible Alternative for Education Expenses and More
This custodial account can be used to pay for anything once the beneficiary is considered an adult in their state. There are some considerations, though.
By Denise McClain, JD, CPA
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Coverdell Education Savings Accounts: A Deep Dive
While there are some limitations on income and contributions, as well as other restrictions, a Coverdell can be a bit more flexible than a 529 plan.
By Denise McClain, JD, CPA
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Recently, 529s hit a new milestone — over half a trillion dollars is being saved in 529 plans across the country.
Recently, 529s hit a new milestone with over half a trillion dollars being saved in plans across the country. Why are 529 plans so popular?
By Erin Bendig
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529 Plans: A Powerful Way to Tackle Rising Education Costs
Contributions to 529 plans grow tax-free and are not taxed when they are used to pay for qualified educational expenses for the beneficiary.
By Denise McClain, JD, CPA
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The Pros and Cons of Offering Tuition Reimbursement: A Personal Perspective
As someone who has experienced both sides of the tuition reimbursement equation, I have a unique perspective on the pros and cons of this popular employee benefit.
By Stephen Nalley
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Recent Graduate? Financial Fitness Starts Here
Once you've landed a job, it's time to optimize your starting salary with a focus on creating a budget, paying off student debt and saving for retirement.
By Vanessa Okwuraiwe
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Finance 101: Money Skills Every New College Student Needs
College is a perfect time to put financial know-how to the test. Here's how parents can set their kids up for success by making smart money choices.
By Leila Evans, CFP®
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Three Reasons You Need to Use a 529 Plan (and Two Reasons You Don't)
Tax benefits and a Roth IRA feature make 529 college savings plans attractive, but they're not a one-size-fits-all option.
By Shane W. Cummings, CFP®, AIF®
