College Savings / Student Loans Questions
529 Account
My daughter was just blessed with twin girls & I was wondering if the 529 is still a good way..
Graduate school loans
Hi Terry, My daughter got into UIC Chicago and will be starting her Masters degree in the fall. What (or..
FAFSA and Roth Withdrawals
Does a $30,000 Roth withdrawal need to be reported on FAFSA forms if it is not rolled over into another..
FAFSA
Terry – do you know where FAFSA will end up, will it move to a different department, if the Dept..
Should my daughter pay her Federal Student Loans or wait?
Hi Terry, My daughter still owes $67,000 on her private college education. That is the amount left, after I helped..
529 Savings
I’m building 529 (Edvest in WI) savings for my daughters (7 and 9 years old) but concerned about future withdrawal..
Bright Start 529 Plan
Hi Terry- I am in the process of investing seed money into the Illinois Bright start plan for our grandson..
Custodial Accounts for Children
Hi Terry, You’ve spoken before about your preference for 529 accounts over a brokerage UTMA. When my daughter was born,..
Grandparents 529
Can you explain the pros and cons of this? I pulled irs form 970 and it is a confusing read.
529 COllege Funds
I want to save money for my grandkids in college. I dont understand the benefits of a 529 plan that..
What should I do with my children’s small savings account balances?
What should I do with my children’s small savings account balances? My children are 9 and 11. They each have..
Roth IRA from 529
I have a 529 plan that I established for my son. He completed his undergraduate and Master’s degree and he..
Student loans
Grand daughter has under graduate and physician assistant school loans. Is it better to combine all loans? The undergraduate loans..
Parent Plus Loans: $156,000. refinanced with SoFI
Hi Terry, Divorced dad of 4 children. I had to take parent plus loans for 3 of my children to..
Drowning in College Loans
My daughter-in-law accrued a huge debt with college loan. Needless to say, they are drowning under the debt. They have..
Grandparents starting 529
Terry, we have moved from Illinois to North Carolina but stream WGN and saw you talking about grandparents starting 529,..
Savings bonds
I want to buy savings bonds for my 1 year old granddaughter so that she will have some financial gift..
529 Account for Multiple Kids
Hi Terry, I saw you on WGN this morning talking about a 529 account. You specifically said that if one..
529 college savings plan
My fiancé, a single widower at the time scraped snd saved to put money into a 529 plan and when..
coverdell vs 529
do you have a preference for 1 of these accounts over the other? i am selling stock i have at..