Planning for a Child's Education - Importance of the 529

Planning for a Child's Education - Importance of the 529

Personal Development , Personal Finances

Jonathan Cameron CFP®

3 min

Planning for a Child's Education - Importance of the 529

Enjoy this free PSA from Jonathan Cameron of Cameron-Downing as he discusses the importance of the 529 college savings plan. The rules have changed to make it much more attractive than a simple a tool to save for your child's future education need.

It can be used for a wide-variety of education related expenses, including those before and even after college. Check out the video to learn more!

Leave a Review

Reviews

There are no reviews yet.

Be the first to review “Planning for a Child’s Education – Importance of the 529”

Certificate of Completion
Course available for 6 months
0 downloadable resources
Young Professional grade

Jonathan Cameron CFP®

Founder & Principal, CameronDowning, Inc.

Jonathan Cameron is a founder and principal of CameronDowning, a Registered Investment Advisory firm. He has 13 years of experience in the financial services industry. As a Board certified financial planner, he is passionate about providing independent financial advice that... Read More

Leave a Message

Saving for Retirement - Start Early!!

Nicholas Bucci CFP®

57 min

More Courses From This Presenter

Personal Development, Personal Finances

Health Savings Accounts for Retirement? Yes, for Retirement!

Jonathan Cameron CFP®

3 min

Personal Development, Personal Finances

Tax Saving Opportunities

Jonathan Cameron CFP®

3 min

Uni

Personal Development, Personal Finances

Critical Tips for Buying a House

Jonathan Cameron CFP®

2 min

Capital Gains Tax Considerations

Jonathan Cameron CFP®

3 min

Personal Development, Personal Finances,...

Investing: Does the GameStop stock manipulation situation affect me?

Jonathan Cameron CFP®

3 min

Uni

Personal Development, Personal Finances,...

GameStop Stock Manipulation Perspective

Jonathan Cameron CFP®

3 min

Personal Development, Personal Finances,...

Risk vs Reward: Do you know the Speed Limit?

Jonathan Cameron CFP®

2 min

Uni

Personal Development, Personal Finances

Stock Market vs Real Estate: What is right for you?

Jonathan Cameron CFP®

2 min

Uni

Personal Development, Personal Finances

Don't Leave Money behind when Changing Jobs!

Jonathan Cameron CFP®

2 min

Personal Development, Personal Finances

When to Consider Refinancing a Mortgage

Jonathan Cameron CFP®

2 min

Continue your learning experience with Jonathan Cameron CFP®

See all classes

College Financial Aid - What you don't know can cost you tens of thousands of dollars!

Objectives

Understand what is and is not considered financial aid for college/university
Define Merit-Based vs Need-Based financial aid programs
- Learn the important differences between Grants, Loans, Scholarships, and Work-Study programs
Identify how many years of expenses you’ll actually need to plan to cover (hint, it’s rarely 4)
Discuss the current state of university financials and endowments in spite of astronomically rising tuitions.
Discuss how university financials impact both need and merit based financial aid availability and university admissions rates.
Define and explain COA (Cost of Attendance): the breakout of all costs to attend different types colleges and universities.
Identify the “Public Ivys” – State schools that typically offer the best return on investment.
- Discuss cost considerations for in-state vs out-of-state.
Discuss Federal Student Aid (FSA) ID and why ALL students and at least one parent should get one.
Define and understand EFC – Expected Family Contribution.
Understand how universities and the government define Financial Need.
Explain why the definition of Financial Need is critically important in evaluating how much different schools will ACTUALLY cost.
- SUPER important. You’re unlikely to realize you made a mistake and this single item can easily cost you $10k per year!!!
Explain the financial aid application process and schedule to follow.
Understanding the importance of the FAFSA (Free Application for Student Aid) and common mistakes to avoid.
Explain the CSS (College Scholastic Services) Profile used by 600+ schools to determine Need and non-governmental financial aid.
Discuss the important differences between the FAFSA and a CSS Profile.
Understand specific items that damage your Financial Need score if you’re not aware of it when filling out the paperwork.
Understand important differences between Grants and Loans as well as distinctions within either category.
Discuss the importance of minimizing debt and strategies to accomplish this.
Explain why paying in cash is actually a horrible idea even if you can do it.
Discuss “Parent Plus” loans and Private loans and explain some important differences.
Learn how to Maximize Student Aid Eligibility
Discuss the massive cost difference between public and private schools with respect to return-on-investment.
- Engineering degrees at Cornell can cost $42,000 more PER YEAR than PennState.
- Same degree, same starting salaries, $168,000 more debt!

Topics

$ 20

More suggestions for you

Check out the courses or get a Full-Access Membership

See More Courses

Applicable to any...

Financial Plan vs Financial Planning

Nicholas Bucci CFP®

2 min

Applicable to any...

Financial Advisor Fees Structure, Don't Get Manipulated!

Nicholas Bucci CFP®

2 min

Applicable to any...

What's this about Investment Fees?

Nicholas Bucci CFP®

3 min

Pro

Applicable to any...

When can I Retire? How will I know?

Nicholas Bucci CFP®

3 min

Sign up and start Learning!

Login Form

Planning for a Child's Education - Importance of the 529

Planning for a Child's Education - Importance of the 529

Reviews

More Courses From This Presenter

Contact Presenter

Continue your learning experience with Jonathan Cameron CFP®

See all classes

College Financial Aid - What you don't know can cost you tens of thousands of dollars!

$ 20

More suggestions for you