by Danny Cieniewicz | Feb 16, 2023 | Financial Aid, Saving for College
If you’re the parent of a student, you know that the cost of education can be a significant financial burden. A simple bit of research will verify this thinking for you. That’s why financial aid is so important, but it can be discouraging to receive a...
by Danny Cieniewicz | Feb 16, 2023 | Saving for College, Taxes
Modified Adjusted Gross Income (MAGI) is an important factor in determining your eligibility for various financial benefits such as tax credits, subsidies, and deductions. It can also help you qualify for an income that is under the maximum allowable amount to...
by Danny Cieniewicz | Feb 14, 2023 | Saving for College, Scholarships
Private scholarships are a great way to help pay for college, but many students wonder how hard it is to actually get a private scholarship. To determine the feasibility, it depends on a number of factors, including the type of scholarship and the number of...
by Danny Cieniewicz | Feb 14, 2023 | 529 Plans, Saving for College
When considering the best college savings plan, it’s important to understand the pros and cons of a 529 account. If you’ve read any of my prior posts, you’ll know I’m a big proponent of 529 plans. You can see more of the advantages and updates...
by Danny Cieniewicz | Feb 1, 2023 | 529 Plans, Saving for College
Each year there is a good chance that the IRS will set a new contribution limit for investment accounts, or that the rules will change. 529 plans are no exception. Here’s what you need to know about 529 plans in 2023: Increased Contribution Limits Parents and/or...