529
New York cuts fees in half for college savings plan
6:03AM 8/31/2010
New Yorkers who participate in the state's 529 college savings direct plan will see their fees cut by almost 50%.
The direct plan's total annual asset-based fee declined to 0.25% from 0.49% starting Aug. 29, according to the comptroller's office. The reduction means plan participants could save...
For the first time in a long time, I contributed money to my daughters' college funds this week.
In case my action inspires anyone, I thought I'd tell my little tale. Besides, it's a fitting time to discuss saving money: As you'll hopefully hear quite a few times over the next several days, if you...
From IRAs to 529s, our experts answer your questions
1:00PM 12/23/2009
With Christmas and New Year's just days away, WalletPop hopes to spread some holiday cheer. Here are answers to some of your questions to help usher in 2010 on the right financial footing.
Question: We're retirees age 70 and older holding an IRA rollover. In 2010, will we have to take money/stock...
My first daughter won't be going to college for another 11 years, and I'm already feeling ill when I wonder how I'm going to pay for it. Not to mention my second daughter, who will be ready for college in 13 years.So I'm always interested in learning about different ways to pay for college, and one...
Me first: Fewer parents saving for kids' college education
8:00AM 5/21/2009
Parents put less money into college savings plans during the past year, according to new data released this week, perhaps learning the lesson that it's best to take care of yourself first before saving for your child's college expenses.Assets in college savings plans were an estimated $85.9 billion...
'Backyard Economist' has unusual advice: Don't save for college
2:31PM 10/13/2008
I'm an eager member of a group in Portland called the "urban homesteaders." We meet to discuss ways to utilize our assets better; gardening, preserving, buying from local farmers and generally finding ways to get off the grid a bit, while still living in the city. One of the group's founders is...
Maine newborns to get a head start on college saving
2:50PM 12/11/2007
This is one of those ideas that's so good that it's unlikely to ever become widespread like it should.According (subscription required) to the Wall Street Journal, "Starting next year, children born (in Maine) will be eligible for a $500 grant that will be used to open and fund a Maine 529 savings...
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