The recent tax reform legislation included sweeping changes to our tax code. One of the lesser-known provisions could benefit parents who plan to send their children to private school. The Tax Cuts […]
Parents can now use 529 plans to pay for private school – but should they?
by
Kristin McFarland, CFP®
on
February
06,
2018
in
College planning,
529 Plans
The 4 Biggest Money Mistakes New Parents Make and How to Financially Prepare for a Baby
by
Kristin McFarland, CFP®
on
October
10,
2017
in
Financial planning for new parents,
Financial Planning,
College planning,
Wealth and Family
New parents and expecting couples undoubtedly have a lot on their mind. In all likelihood, the costs of raising a child and how to financially prepare for a baby are two of them. These financial […]
Complete Guide to Saving For College with a 529 Plan: Part Two
by
Kristin McFarland, CFP®
on
October
13,
2016
in
College planning
Section 2: Understanding 529 Plans: Key Terminology
Understanding the terminology is a key component to developing a college savings and investment plan. The terms are defined below and will be […]
Complete Guide to Saving For College with a 529 Plan: Part One
by
Kristin McFarland, CFP®
on
October
13,
2016
in
College planning
Qualified tuition programs (also called QTPs and 529 plans) are actually quite straightforward by themselves. Plans typically offer simple investment choices such an age-based asset allocation, and […]
Complete Guide to Saving For College with a 529 Plan: Part Five
by
Kristin McFarland, CFP®
on
October
13,
2016
in
College planning
Section 5: Common 529 Mistakes
It is difficult to execute a “perfect” college planning strategy as there are often so many unknowns. However, it is very possible to develop a solid plan to save for […]
Complete Guide to Saving For College with a 529 Plan: Part Three
by
Kristin McFarland, CFP®
on
October
13,
2016
in
College planning
Section 3: Investment Options and Fees
As previously discussed, plans typically offer prepackaged portfolios in 529 plans. Options may include age-based portfolios, risk-based, or interest-only […]
Complete Guide to Saving For College with a 529 Plan: Part Four
by
Kristin McFarland, CFP®
on
October
13,
2016
in
College planning
Section 4: Strategies to Save for College
Even high-income families are concerned about paying for college. Even if funding isn't a big issue, what is the best way to save for college? As with […]
Strategies to Maximize College Savings and Financial Aid
by
Kristin McFarland, CFP®
on
April
06,
2016
in
Financial Planning,
College planning,
Financial planning for new parents
This article was originally published by U.S. News and written by Kristin McFarland, CFP®, Wealth Advisor at Darrow Wealth Management.
Paying for college is a significant concern for many families. […]
Pay Yourself First: Save for Retirement, Then College for the Kids
by
Kristin McFarland, CFP®
on
February
23,
2016
in
Retirement Planning,
College planning,
Financial planning for new parents
This article was originally published by U.S. News and written by Kristin McFarland, CFP®, Wealth Advisor at Darrow Wealth Management.
Even when finances are tight, there are several strategies to […]
Give the Gift of College: Starting a 529 Plan
by
Kristin McFarland, CFP®
on
November
18,
2015
in
Financial Planning,
Asset Management,
College planning
Whether celebrating the arrival of a new nephew or a granddaughter’s first birthday, relatives (and friends) are often looking for meaningful gifts for their loved ones. With college costs at record […]
