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Category: Education Planning

4 posts categorized as "Education Planning"

As Education Expenses Continue to Climb, Are You Saving Now or Borrowing Later?

May 29, 2020

By Debbie Placke, Vice President, Manager Financial Planning Strategies and Marketing

This spring and summer the whole world is living through something that has never been experienced in our lifetimes. With the COVID-19 pandemic at its peak and stay-at-home orders in place for most of America causing businesses to close, many people are struggling to keep their heads above water.

In these challenging times, what is happening to your financial goals?

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Can College Spring Semester Refunds Be Redeposited in 529 College Savings Plans?

Apr 20, 2020

By Theresa Fry, Senior Vice President and Manager, IRA’s and Retirement Planning

College Refunds and 529 Plans
Recently, colleges and universities have begun issuing partial refunds for spring 2020 semester expenses. With campuses closing to in-person classes and the transition to online learning, more schools may be expected to follow suit.  As a result, many students and parents receiving refund checks have questions about whether these refunds can be put back in to the student’s 529 plan and if it is a good idea to do so.

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How Do You Spell Financial Aid? F-A-F-S-A

Oct 1, 2019

By Theresa Fry, Senior Vice President and Manager, IRAs, Retirement and Education Planning

October brings a lot of things…cooler weather, falling leaves, pumpkin spice everything, and if you are the parent of a senior in high school planning on going to college next year, probably a little panic.  That’s because it’s time to file the FAFSA. The Free Application for Federal Student Aid (or FAFSA) is the first step to uncovering if your student will qualify for federal financial aid,

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boy holding calculator

Summer Savings Strategies: 5/29 Day!

May 29, 2019

By Debbie Placke, Vice President, Manager, Financial Planning Tools and Marketing

What is the significance of May 29 (5/29)? Today is recognized at National 529 College Savings Plan Day!

Do you know there is a way to save up for the big expense of a college education that has tax advantages which could help your savings accumulate considerably more growth than a typical taxable savings account? A 529 Savings Plan is an education savings plan that is designed to provide tax-advantaged savings for future education costs,

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