Fans of 529 plans say they are the right vehicle for many to save for college expenses, but they acknowledge the last ten years haven't produced the hoped-for gains.
California has picked TIAA-CREF to manage its college-savings plan that has about $4 billion in assets.
Higher education fails to provide students "good value" for the money they and their families spend, more than half of U.S. adults said in a survey.
Republican lawmakers say they are ready for the backlash against their 2012 budget that slashes spending for Medicare, education, job training and socials services.
Saving for college often isn't enough anymore; advisors help parents go school shopping.
Advisor Emporium
Why your clients' kids should pay for part of their college educations.
Harvard Management Co.'s CEO has been dramatically restructuring the world's richest university endowment ever since Harvard lost more than any other Ivy League school in the financial crisis.
More financial advisors are being asked by affluent clients to help with a job that used to be for parents alone: finding the right college for their children.
A Fidelity study found that a growing number of financial advisors are providing a wider range of services to help their clients' kids go to college.
Additional income resulting from a Roth conversion may lower financial aid eligibility and impact use of a federal tax credit for education.
Affluent families can take advantage of IRS rules to help make college expenses more affordable.
Conservative investments and lower fees are attracting new clients.
Congress is considering legislation that would enable banks to directly offer FDIC-insured 529 college savings products.
Advisors are finding that clients anxious to take advantage of loosened rules on Roth IRAs aren't anticipating a possible consequence-losing financial aid for their college-age children.
Colleges aren't waiting for the U.S. Congress or the banks, and are instead becoming direct lenders to students to ensure loans are available this fall.
Financial advisors can benefit from the potentially enormous increase in college savings even if the best option for their clients is a low-cost direct sold 529 college savings plans.
A number of 529 college savings plans are adding more socially responsible investment options to their line-ups.
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