College Planning

Selected Provisions of Secure Act of 2019

College Transitions

By Philip Lee, CFP®

Julia, our daughter, started classes this week at Champlain College. Wow, does time fly by so I'm re-sharing my post -- these critical documents for the college bound is truly top of mind. She is 18-years old "on her own" as a freshman and these are critical documents to have "just in case". Some of these documents apply to non-students too!

By Philip Lee, CFP®

Are you a Massachusetts resident and saving towards college via a 529 Plan?

I’ve often recommended the Nebraska 529 plan or, more recently, the Utah 529 plan since they offer great investment options for college savers. Massachusetts didn't have a tax incentive to save in our state's 529 plan. Now there may be a reason to use the Massachusetts state plan!

College Transitions

By Philip Lee, CFP®

Last week Kristen and Julia, our rising high-school senior, visited McGill University in Montreal, Canada. By all accounts it was a hugely successful trip. Julia is thrilled at the prospect of furthering her education and expanding her horizons. She will be 18-years old soon and "on her own" as a freshman, hopefully, at a college of her choice.

by Philip Lee, CFP®

As the summer wind-down begins it is time to start thinking about upcoming financial planning deadlines:

Sept. 15: Deadline for your Third quarterly estimated tax payment due

Oct. 1: FAFSA Submission Time-window Begins

If you (your child) plans to attend college from July 1, 2016 - June 2017 you can submit the Free Application for Federal Student Aid (FAFSA) form starting October 1st. This is a significant change from the past. More info.