Should Parents Save Towards College or Retirement?

Parents saving for college

Many parents find themselves in the predicament of having to choose between saving for college for their children or retirement for themselves. The family may even be on one income because they feel that quality time with at least one parent is important while the children are young, and therefore hard choices have to be [...]

Paying for College from 529 Plans? Not so Fast…

Harvard Yard

It’s the summer before your rising college freshman leaves home for his or her college adventure, and you’ve just received the first bill. Thankfully, you’ve been diligent to sock away funds for your child’s tuition in a tax-advantaged college savings account, such as a 529 plan. Years before, you thought ahead to this day, and set aside [...]