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Learn more about how wealth management professionals are successfully using our technology, where we’re showcasing our applications, who we’re innovating with and what leading industry publications are saying about us.
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- client relationships
- college savings
- educational savings
Are there specific vehicles designed especially for college savings?
Yes, there are several. 529 Savings Plans, Coverdell Education Savings Accounts and Revocable Educational Trusts are specifically set up for college savings, by students, parents, grandparents or other loved ones. Each are setup to reduce …
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- client relationships
- college savings
- educational savings
How much are college costs rising?
College costs have doubled in the past 15 years, growing by an average of nearly 6.5% per year. By 2030, at 5% inflation, less than the current average, college tuition will rise to $18,630 per …
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- client relationships
- college savings
- financial advisors
What are current average college tuition costs? Is there a vast difference between public and private colleges?
According to the College Board, average costs for the 2015-2016 academic year for in-state residents are $9,410 at public universities or $23,893 out-of-state. For private universities, the average costs are currently $32,405. And those numbers …
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- financial advisors
- financial planning
- Retirement Planning
Sign o’ the Times: Pay off student loan debt or save for retirement?
by Ryan W. Smith Two recent studies have put numbers to the broad assumption that too much student loan debt hurts retirement savings. This assumption turns out to be true, but the numbers were actually …