If you’re a grandparent helping to save for your grandchild’s education, you’re not alone. Recent surveys showed that nearly 40% of grandparents make some contribution to their grandchild’s college education. 529 college savings plans, where earnings are tax free if used for qualified education expenses, are becoming increasingly popular with parents and grandparents alike. If you are a grandparent (or soon to be …

Motivating your kids to save money is awesome, but parents also worry about maintaining eligibility for college financial aid. Let’s take a closer look at how to manage savings and build a healthy financial habit for life. The number one way for students to begin saving early for college is to actually do it. The very act of putting money …