by Jeffrey Hull | Sep 1, 2020 | 529 Plans
Only 33% of U.S. parents are aware of 529 plans, according to an Edward Jones survey. This means that less than 33% actually understand what a 529 college savings plan is (as opposed to those that recognize it by name only), and even less have adopted one for...
by Jeffrey Hull | Aug 18, 2020 | Student Loans
The “Should I pay off my student loans or save for ___?” question has become much more important as of late. The average student loan debt for Class of 2019 graduates was $29,900. With the standard 10-year repayment term, this generally equates to a $300...
by Jeffrey Hull | Aug 4, 2020 | 529 Plans
One of the major friction points for parents when deciding to enroll in a 529 college savings plan is the potential consequences of not using the funds for eligible, or “qualified,” higher education expenses. It’s no surprise, qualified expenses for...
by Jeffrey Hull | Jul 21, 2020 | 529 Plans
Data shows that new parents are more motivated than ever before to save for their children’s college. However, there are a quite a few barriers keeping new parents from doing so. Finding the time to sort through all of the savings options is often not...
by Jeffrey Hull | Jul 7, 2020 | Gifting
Millennial parents are tired of their little ones getting “stuff.” There’s “stuff” all over the house – all over the floors – and more “stuff” is constantly coming in by thoughtful friends and relatives. Rocked by student loans from their own college degree,...
