Opening an education savings account, such as an NC 529, while your child is young has all sorts of benefits. One benefit is that it allows the account to build until it’s needed for education. Earnings grow tax-free if the beneficiary uses the money for “qualified education expenses.” That term may sound confusing, but it’s intentionally broad. This is because the fund can pay for many school-related costs, …
There is so much to think about when you send your child off to college. You thought ahead when you decided to open a 529 Plan. But before you start taking money out and writing checks to the school, you have some homework to do. Here are some things you need to know about 529 Plan withdrawals.
What are Qualified Expenses?
The money grows tax-free when used for qualified education expenses.
Save Your Sanity for Back to School Season
Going back to school can be very stressful – new activities, new classes, and new routines. Save yourself some first-week headaches and make a plan. If you schedule back-to-school doctor’s appointments early, you won’t be worried about missing the deadline for the annual checkup and/or pre-sport physicals. You can schedule them at a time that is most convenient for you.
Starting kindergarten is a major milestone for every child! They may be riding a bus for the first time or anxious about making new friends. As parents, we want them to love school and enjoy every minute. Here are a few tips to help your child have a great year.
Get Back on a Good Sleep Schedule
Bedtimes may have slipped a little over the summer, but as the first day of school gets closer,
Investments are a great opportunity to build a nest egg and save for the future. The three main types are stocks, bonds and cash investments; however, it’s important to note that investments can come in many forms such as buying a house, owning an art collection or gathering a selection of rare coins. Building a diverse portfolio can help you prepare for the future.
Stocks
At the core, investing in a stock represents purchasing a percentage of ownership in a company.
Graduation day for the high school class of 2030 feels like a long way away. But this year, a different kind of graduation is upon them — preschool graduation! In the fall, the class of 2030 will be entering kindergarten and starting their journey through the wonder and excitement of grade school. Even though their true graduation day feels a long, long way off (and thank goodness for that!), now is the time to be thinking of the future and saving for college.
