What Is Tax Planning for Education? Tax planning refers to the strategic process of organizing one's financial affairs to minimize tax liability while maximizing available tax benefits. This can ...

Some student loan borrowers have had monthly payments as low as $0 as part of the SAVE plan, which was introduced in 2023. It ...

Many clients are now approaching their retirement years while simultaneously preparing to send children to college. They often struggle with the question of whether to prioritize saving for retirement ...

Forbes contributors publish independent expert analyses and insights. Tim Maurer covers how personal finance is more personal than finance. Few things in our lives have been so dramatically altered ...

Legal challenges put SAVE borrowers in limbo for months, a time during which they were not required to make payments on their loans. That would change if the proposed settlement is approved.

Anyone determined to help pay for a child’s or grandchild’s education needs to start saving as early as possible, considering how the cost of college continues to skyrocket. Fortunately, there are ...

For most parents a 529 plan (named for the relevant section in the U.S. Tax Code) is a great means of funding children's education. For those able to set aside funds, 529 plans have many attractive ...

A parent of a new college graduate recently lamented good-naturedly that just when the steady stream of tuition bills had finally stopped coming, “now there is going to be free college.” While higher ...