Yesterday, both houses passed the new tax bill, which is the first major change to the tax code in 30 years. The new Tax Cut and Job Act will have a significant impact on education funding. The main objective of the bill is to lower taxes and simplify the process. Over the past few months, numerous…
This is our third annual College Financial Aid Year End Planning blog. Our goal is to help families make financial adjustments before the end of year and put better plans in place for next year specifically in the college funding and student loan area. As college costs continue to rise, families are looking for various…
A common question parents get from relatives involves suggestions for gifts for our children. What do they want or need? I don’t know if you are like me, but in the past I usually responded by suggesting a toy, clothing or gift certificate to a store. Reflecting on this question now, after paying for college…
Haverford High School College Planning Program involves a series of information nights that cover three financial aid nights and two college application nights for the families of our township. Fred Amrein, an expert in college funding and student loan repayment will be the speaker on the financial aid topics. His presentations help parents understand how…
This past year, we have had several clients who have wanted to help their grandchildren by making financial contributions toward their college tuition. Confusion arises for grandparents as to the proper way to set up college funds for grandchildren. It can be difficult since the answer will depend on each grandchild’s family and their specific…
One of the top financial concerns for families is paying for college. Due to increased cost and complexity, making the college decision is one of the most difficult decisions a child and parent will make. In the Gallup article by Jeffrey Jones titled, “U.S. Parents’ College Funding Worries are Top Money Concern”, the author compiled…
Sharon Epperson from CNBC will be the moderator of the Financial Aid Awareness Month program. Fred Amrein will be one of the panelist on a webcast sponsored by Saving for College.com. Joe Hurley and Peg Creonte will be the other expert panelists on this program. The group will discuss various topics of college saving and…
Last week, Congress passed a bill called the Protecting Americans from Tax Hikes or PATH Act. The PATH Act has a positive impact on college cost. President Obama signed the bill on December 18, 2015. These enhancements will expand the 529 plans qualified expenses and will permanently extend the American Opportunity Credit. These changes will…
Fred Amrein presented a webinar for the Pennsylvania Treasury 529 College Saving program. This webinar was part of the college affordability series for September. September is college saving month for all 529 plans. This College Affordability presentation is now archived on PA529.com. and is available for families to view. The program addresses the proper utilization of…
At various speaking engagements, one of the most common questions I get from families is to provide them with the best college cost saving tips. Keeping their college student on track and having them graduate in four years is the best advice I can give families. This sounds easy but accomplishing this goal is not…
