Just in time for 2018, Congress pushed through the new tax-overhaul bill. No doubt many CCFS® advisors are wondering how these new laws will impact their clients’ financial aid. I know this because I have been inundated with emails and support questions regarding the subject. I read IRS code a lot.I have a deep knowledge base regarding taxes. I have access to some of the best CPAs in the country. We have many members that are CPAs. I have read the new tax bill and I have consulted with a few....
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When parents divorce, a big concern is the children and how to pay for future college expenses and retirement at the same time. Parents with younger children can plan ahead and make contributions to a college savings fund before the child graduates high school. However, parents with children about to attend college have a more immediate concern when drawing up a college support agreement. This is where a financial advisor who is a Certified College Funding Specialist (CCFS®) can become invalu....
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Some ways to think like an investor Going to college pays off, on average. But to maximize the chance that a college education offers a satisfactory return, students need to think like investors. They need to carefully consider which degrees pay off and why, and they need to make informed decisions about the type of degree and major they select. Investors in financial markets consider many complex variables to mitigate risks and maximize returns. Investing in college is no different. In a re....
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