College Planning
Help your clients take the worry out of saving for college with news and analysis on student debt, 529 plans and other tax-efficient savings vehicles as well as the colleges and college majors that deliver the most value.
Sallie Mae Fined $96 Million for Bilking Military on Student Loans
By Melanie WaddellSallie Mae charged too-high interest rates and denied rate reductions to servicemembers in combat zones over missing paperwork, CFPB says.
May 12, 2014
529 College Savings Plans Beat Benchmarks on After-Tax BasisBefore taxes many 529 college savings plans underperformed, but they topped comparable indexes when tax benefits were factored in, a study found.
May 09, 2014
Millennials doing better than prior U.S. generation, paper showsAre the kids alright? Maybe so.
May 08, 2014
Under the Hood: Reverse Mortgages—What You Need to KnowFred Thompson and The Fonz may extol the benefits of reverse mortgages, but the reality is quite different. Here's how to assess this product.
May 07, 2014
3 business lessons I learned from my motherA young financial advisor reflects on the surprising lessons he's learned under the wing of a veteran producer who happens to be his mother.
May 07, 2014
Mortgage Debt Threatening Retirees’ Security: CFPBThe percentage of homeowners 65 and older with mortgage debt increased from 22% to 30% from 2001 to 2011, CFPB report says.
May 07, 2014
Top 10 Richest Prep Schools for 2014: Biggest EndowmentsThe Andovers and Exeters of the world use huge funds to pay for operations and tuition.
May 06, 2014
How to discuss the college cost-benefit calculusHow to help your clients put a college education and its enormous cost in perspective of their overall financial situation.