While college savings accounts like 529s provide some nice tax benefits, there are strings attached (including the dreaded 10% penalty for non-Education related withdrawals). In this episode of Grow Money Business we dive into how much parents should really be saving for their kids’ college education amid a changing landscape for education and student loans. We also cover an interesting month in the markets and an article reviewing recent performance of single stock ETFs.
RESOURCES:
Billions Flowed Into New Leveraged ETFs Last Year. Now They’re in Free Fall.
I'm a financial planner to business owners, and the founder of Three Oaks Wealth. Our firm helps business owners align their business interests with their personal finances, often including the exit or sale of equity holdings.
I hold several professional credentials, including the CERTIFIED FINANCIAL PLANNER™, Chartered Financial Analyst, and Certified Exit Planning Advisor designations.
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