What Can You Do With a 529 Plan Account?
Are you saving for college in a 529 plan account and want to know what you can use the money for? Whether you’re saving for yourself or a beneficiary, you’ve come to the right place. This guide discusses 529 plan accounts, considering qualified higher education expenses and non-qualified withdrawals. You’ll also learn about the alternative […]
Planning to Pay for College?
Written by Stacie Rhodes Originally published in Lynchburg Business Magazine. 5 THINGS YOU MAY REGRET NOT DOING Recent CBS reports have highlighted that America’s college loan crisis continues to build as student debt has surpassed $1.5 trillion dollars. While the number of loan applications has decreased by 20 percent, total student debt has increased by […]
Education Improvement Scholarship Tax Credits
Written by Rick Huff Most of us are aware there are obscure, little-known tax provisions that we’re probably not taking advantage of. Some of us even wish we knew more about various tax intricacies so we could keep more of our dollars from going to our friends at the federal and state treasuries. There is […]
FAFSA Applications Now Open!
Written by Stacie Rhodes The free application for Federal Student Aid became available on October 1 and the U.S. Department of Education strongly encourages you to complete your FAFSA by November 1. This application is important to anyone with senior high school students and/or current college students. Regardless of your financial situation, we encourage every […]