Tag Archives: college
Biden to Give Partial Student Loan Forgiveness
Earlier this week, big news swept the nation as President Biden announced his plans regarding student loan forgiveness. Loan forgiveness was a campaign promise that Biden spoke about when he was making his 2020 presidential run. Although this is … Continue reading
529 College Savings Plan Distributions – Use It Or Lose A Piece Of It
While you may have received little or no tax benefit of saving for your children’s college education through the years, when made correctly, distributions from 529 plans will be free from tax. Nevertheless, there are several things to bear in … Continue reading
Is Your College Student Still Your Dependent?
Most parents are aware of the general rules for claiming their children as dependents, including the extended period allowed to full-time college students who are under the age of 24 (See Dependency Requirements). Besides establishing who is … Continue reading