Where rhetoric and intellect forge a meeting of minds Oct 25, 2008
Jeff Salemi, a senior, said the economic crisis wiped out half of his college savings, forcing him to rely on more loans when he attends UMass next year. David Sandler, who wants to be an engineer, said he will remain involved in the democratic process. (Framingham TAB, MA)
Obama's Minuscule Charity Contributions Oct 25, 2008
He implemented three important tax planning ideas: (a) Senator Obama initiated a Simplified Employee Pension (SEP) allowing him to contribute and deduct a $45,000 payment to a new personal retirement plan, a plan which will augment his governmental pensions and Mrs. Obamas pension from University of Chicago Hospitals, (b) Senator Obama placed virtually his entire after-tax book proceeds into tax-free municipal bonds which produced non-taxable income of $45,000 and provided insulation against... (Townhall.com)
College savings not immune to market swings Oct 25, 2008
NEW YORK - There's $30,000 sitting in Ellen Anthony's 529 college savings plan. But she's not touching any of it to pay for her daughter's freshman year this fall. (MSNBC -- Business)
Web Site Chronicles Stimulus Check Spending Oct 25, 2008
" Alpaca posted on the site.Even if youre doing something a little less extravagant and saving your money, the site welcomes your entry. "I put it straight into a college savings plan. It's not a sexy purchase, I know, but I don't see the government doing much to defray the rising cost of education," John Dingfield, 44, of Chicago, wrote. creator 26, of Brooklyn, N.Y., said a lot of his favorite entries can be found on the weird section of the site."We had one guy, who said he used his stimulus... (Click2Houston, TX)
More-affordable colleges drawing interest Oct 22, 2008
But they didn't choose those pricey private colleges during a financial market meltdown that took a sizeable chunk of the family's college savings. So the younger Woodbury, a senior at Arlington High School, is leaning toward the University of Massachusetts at Amherst, which costs less than half as much as many of its private counterparts. (Boston Globe)
Tough economy putting the squeeze on parents saving for college Oct 21, 2008
With the troubles on Wall Street, some parents say their college savings have shrunk up to 30 percent ... The Surkeins only have about 10 percent of their college savings tied to the stock market. (KHOU.com, TX)
As markets dive, parents fret over college costs Oct 20, 2008
But the souring economy and crisis on Wall Street are shrinking families' college savings, and some parents wonder whether they will be able to afford tuition at the schools their youngsters are looking at ... Meanwhile, 529 college savings plans have been hit hard in the stock market. (MSNBC -- Business)
Bush: Economy Will Bounce Back Oct 19, 2008
3 trillion from pension funds, college savings plans, 401(k) self-funded retirement plans and other investments. "The federal government has responded to this crisis with systematic and aggressive measures to protect the financial security of the American people," Bush said. (Fox News)
Bush: Economy will bounce back in long run Oct 19, 2008
3 trillion from pension funds, college savings plans, 401(k)s and other investments. "The federal government has responded to this crisis with systematic and aggressive measures to protect the financial security of the American people," Bush said. (KHOU.com, TX)
Economic worries circulate Oct 18, 2008
3 trillion from pension funds, college savings plans, 401(k)s and other investments. A measure of volatility hit a record high. (Columbia Daily Herald, TN)
Worries over economy spread Oct 17, 2008
3 trillion from pension funds, college savings plans, 401(k)s and other investments. The U.S. economy is suffering from a litany of woes: falling wages, weak consumer spending, tight credit, slumping home prices and rising job losses. (Durant Daily Democrat, OK)
Paying for College Later in Life Oct 17, 2008
From tax-advantaged college savings plans to tax credits to tax-deductible tuition, the IRS offers a variety of aids and incentives to continue your education. . (Townhall.com)
Wall Street riding a rollercoaster(with MELTDOWN EXPLAINER) Oct 17, 2008
3 trillion from pension funds, college savings plans, 401(k)s and other investments. Originally published in the Athens Banner-Herald on Friday, October 17, 2008. (Athens Banner-Herald)
Wall Street's whipsaw ride turns upward Oct 17, 2008
3 trillion from pension funds, college savings plans, 401(k)s and other investments. Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke have expressed confidence that the government's radical efforts to stabilize the financial system and induce banks to lend again will eventually help the economy. (San Diego Union-Tribune)
Editorial: Third debate: A disappointment Oct 16, 2008
As Americans watch their retirement accounts and kids' college savings accounts evaporate, few have little understanding of what's really happening. That's where both candidates failed them. (Sacramento Bee -- Opinion)
Parents see tuition accounts dwindle Oct 16, 2008
But the souring economy and the crisis on Wall Street are shrinking families' college savings, and some parents wonder whether they will be able to afford tuition at the schools their youngsters are looking at ... Meanwhile, 529 college savings plans have been hit hard in the stock market ... Parents' college savings funds are taking a hit at the same time many schools' endowments are being eroded by the downturn in the stock market. (Casa Grande Valley Newspapers, AZ)
Hauray: The Rules of Capitalization Oct 16, 2008
One father told me how his heart sank as he opened the college savings account statement. I didn t want to look, he said. (Somerville Journal, MA)
President Bush Discusses Economy Oct 15, 2008
I know Americans are deeply concerned about the stress in our financial markets, and the impact it is having on their retirement accounts, and 401(k)s, and college savings, and other investments. I recognize that the action leaders are taking here in Washington and in European capitals can seem distant from those concerns. (White House News Releases)
College savings funds hit in market collapse Oct 15, 2008
The Daily Mail Online. Serving Greene County since 1792. (Catskill Daily Mail, NY)
Bush Unveils $250B Bank Bailout Plan Oct 15, 2008
"I know Americans are deeply concerned about the stress in our financial markets, and the impact it is having on their retirement accounts, and 401(k)s, and college savings and other investment," Bush said. He added: "I recognize that the action leaders are taking here in Washington and in European capitals can seem distant from those concerns.". (Time.com)
So-So Savings Programs Oct 15, 2008
For example, you could have your money divided between a savings account and an IRA or a college savings plan. You can also check out interest rates and fees on bankrate. (W-USA News, DC)
Paying For College - After The Stock Slide Oct 14, 2008
The recent Wall Street meltdown shrunk their college savings accounts by 30 percent ... If you qualify, consider using low-interest government loans first, to give your college savings investments time in the stock market time to recover. (CBS News)
Texas launches new prepaid tuition plan Oct 14, 2008
Before you look at any college savings vehicle, take a hard look at your family's overall personal finances ... "Prepaid tuition plans are best when you are absolutely certain that the student will enroll in an in-state school and when you expect college tuition inflation to significantly exceed what you could do on your own," by investing in a 529 college savings plan, said Mark Kantrowitz, who runs FinAid ... A 529 college savings plan, offered by Texas and other states, works much like a... (KHOU.com, TX)
Dont panic, officials tell Ore. plan investors Oct 14, 2008
Oregon offers three college savings plans with tax incentives ... There are about 70,000 investors setting aside money for more than 100,000 children in three plans under the Oregon 529 College Savings Network ... About 90 percent of families in the flagship plan, called the Oregon College Savings Plan, pick an age-based investment strategy that starts out aggressive and gets more conservative as the child gets older. (Ontario Argus Observer, OR)
All That Money You Lost - Where Did It Go? Oct 13, 2008
Whether you're a stock broker or Joe Six-pack, if you have a 401(k), a mutual fund or a college savings plan, tumbling stock markets and sagging home prices mean you've lost a whole lot of the money that was right there on your account statements just a few months ago. But if you no longer have that money, who does. (CBS News)
Officials tell college savings plan investors not to panic Oct 13, 2008
(AP) -- Oregon officials are urging families who invested in Oregon's college savings plans not to panic. The plans lost about $100 million from January through September, but it is nearly impossible to gauge how much more they may have lost in October's stock plunge, said Michael Parker, executive director of the Oregon 529 College Savings Network ... Oregon offers three college savings plans with tax incentives. (KGW Northwest NewsChannel 8, OR -- Business)
AP Top News at 1:10 pm EDT Oct 12, 2008
Whether you're a stock broker or Joe Six-pack, if you have a 401(k), a mutual fund or a college savings plan, tumbling stock markets and sagging home prices mean you've lost a whole lot of the money that was right there on your account statements just a few months ago. NKorea off US blacklist after nuke inspection dealWASHINGTON (AP) _ North Korea has agreed to all U.S. nuclear inspection demands and the Bush administration responded Saturday by removing the communist country from a terrorism... (TMCnet)
Roy-Duey takes over Edward Jones office Oct 11, 2008
The firm s 10,000-plus financial advisers work directly with more than 7 million clients to understand their personal goals from college savings to retirement and create long-term investment solutions that emphasize a well-balanced portfolio and a buy-and-hold strategy. Edward Jones embraces the importance of building long-term relationships with clients, helping them to understand and make sense of the investment options available today. (Mattoon Journal-Gazette, IL)
Susan Estrich: Smear Campaigning Should Be Beneath... Oct 11, 2008
Our retirement plans and college savings accounts are shrinking, and McCain is shrinking right with them. He s not just on the verge of getting clobbered in the election. (Fox News)
No cash problem for the state of Oregon Oct 10, 2008
He added that although the market has hurt investments in the state's college savings plans, "we are seeing both continued investments and new investors in the plan.". Edwards closed by noting that the financial crisis will loom large when lawmakers assemble in Salem in January to write the state government's next two-year budget. (OregonLive, OR -- News)
Ignore the Hype: Consumer Reports Money Lab Finds Spend and Save Bank and Credit Card Programs Don't Help to Save Much Oct 7, 2008
Have money sent to an IRA, a 529 college savings plan, and investment accounts, for example. T. Rowe Price allows systematic contributions of as little as $50 in its IRAs or mutual funds instead of the usual $1,000 to $2,500; at Fidelity, it's $100 instead of $2,500 or more. (PR Newswire)
Saving for College--Can You Do It? Oct 3, 2008
(Rochester, N.Y.) - As stock market instability takes a toll on the state sponsored 529 College Savings Plan, many people are losing money. It is part of the American dream--grow up, study hard and go to college. (WOKR13 Rochester)
Studying The Candidates On College Costs Oct 3, 2008
The Wall Street meltdown has hammered the stock market and college savings ... A recent survey by the College Savings Foundation found that one in four parents want the federal government to cap college costs. (CBS News -- US)
Opinions : Start saving for education Oct 3, 2008
Thus, during College Savings Month, I would like to remind Wisconsin citizens to focus on investing in the future of their children by saving for college. ADVERTISEMENT. (Forest Republican, WI)
Questions to Ask a Prospective Financial Planner Sep 25, 2008
r decidedly not), college savings, emergency fund, delayed gratification, compound interest, rule of 72, estate planning , wills, life ility ins, durable power of attorney, healthcare proxy, LTC ins, etc etc etc). For someone that has read everything out there on all these subjects and is into continuing education with tax law changes and personal financial changes over time, I don't see much extra that an advisor can provide that is worth the $6250, (or $25,000, or whatever) other than access... (SmartMoney)
Florida's College Savings Month Sep 24, 2008
TALLAHASSEE - Governor Charlie Crist and the Florida Prepaid College Board are reminding families during College Savings Month this September that Florida offers easy and affordable ways to save for their children s college education. A national Gallup/Sallie Mae poll of college students and their parents, released in August, reported only 9 percent of parents had tax-free 529 college savings plans ... The earlier you start saving for college, the better, Governor Crist said in his declaration... (The Palm Beach Post)
Saving for College? Sep 23, 2008
Ask SmartMoney: College Savings, SUVs, Stock Buybacks (Ask SmartMoney: Personal Finance) at SmartMoney ... You Are Viewing: Ask SmartMoney: College Savings, SUVs, Stock Buybacks (Ask SmartMoney: Personal Finance). (SmartMoney)
Getting to know the Southern Arizona political candidates running on Nov. 4 Sep 21, 2008
She also helped pass the College Savings Act, permitting the purchase of bonds for a child s future college education. She is a student tutor with the Sahuarita Unified School District and donates the profits from her book Always a Rebel and Never without a Cause, to Sahuarita s Education for Enrichment Foundation. (Green Valley News & Sun, AZ)
Overhaul for more access to colleges, universities unveiled Sep 19, 2008
The study group believes a college savings plan that would send families regular updates -- similar to Social Security -- would create more people committed to attending college, believing it is possible. Create incentives for states and colleges that support student success once they get into higher education. (Daytona Beach News Journal)
ESCONDIDO: Contagious virus closes dog park Sep 19, 2008
That's like saying don't have kids until you have rooms, careers, and college savings, right. grease spot wrote on Sep 18, 2008 10:36 PM:I'm so misunderstood. (North County Times)
Leaders no help to suffering investors Sep 19, 2008
Yesterday, I had a colleague tell me that her husband, a banker at Lehman, not only lost his job, but their kids' college savings, invested with Lehman. I plan to talk about all of this on Sunday. (San Francisco Chronicle -- Opinion)
Hawaii college savings plan Sep 19, 2008
Hawaii college savings plan ... Lt. Governor James R. Duke Aiona Jr. today announced a significant increase in response to HI529 Hawaii s College Savings Program, the state-sponsored plan designed to help Hawaii families save for their children s college education ... The improvements follow the hiring in December 2007 of Upromise Investments, Inc. to manage Hawaii s college savings program, which allows families to save for their children s college education and later withdraw the money... (Lihue Garden Island, HA)
Tennessee celebrates ‘College Savings Month’ Sep 19, 2008
Tennessee celebrates College Savings Month ... That is why Gov. Phil Bredesen has proclaimed this September as College Savings Month, and it s why the State of Tennessee is working to promote to every Tennessee child and family a clear path to help put the goal of higher education and getting started on college savings within reach ... To accomplish this goal, the State of Tennessee has partnered with the State of Georgia to endorse the Path2College 529 Plan to help make college savings a little... (Columbia Daily Herald, TN)
Investor followed financial rules, but still takes a hit A Portland family sees its nest egg shrink in the economic crisis Sep 18, 2008
Sock away cash early and often for retirement and college savings ... Like a few thousand dollars in college savings he recently invested, which promptly lost more than one-fifth of its value. (OregonLive, OR -- Business)
Start your emergency fund today Sep 18, 2008
Maybe you want to beef up your IRA or start a 529 college savings account for your kids. Or you want a tropical vacation fund for when winter gets to be too much to take. (Racine Journal Times, WI)
Money talks, Barack. Are you listening? Sep 18, 2008
"They want reassurance that their savings and their college savings will be there and that their house will not go down in value.". With Wall Street roiling, it is impossible to reliably poll about the immediate political fallout because the tone of the news shifts from hour to hour. (Salon)
Takeover could beef up Hub Sep 17, 2008
Now, it hopes the Merrill purchase will allow the bank to make its money management operations more competitive, appealing to what Bank of America's chief executive, Kenneth D. Lewis, calls the "mass affluent" - customers with more than $100,000 in investable assets who are looking for products like mortgages and college savings and retirement plans. "We will finally have enough financial advisers to take advantage of that opportunity," Lewis said on a conference call with analysts yesterday. (Boston Globe)
Mike Baker: Dispatch From London Sep 17, 2008
Another word for investment portfolio is children s college savings. It s also the retirement nest egg. (Fox News)
Pick Your Credit Card Poison Sep 14, 2008
If you think you'll be able to pay off your balance, choose a card for its rewards in terms of cash back, travel credits for hotels and airfare, or even to accelerate college savings. Beware, though: Marketers usually offer rewards programs to sucker customers into signing up for cards with high APRs. (Forbes)
Former University of Phoenix President to Lead Nouveau University Sep 12, 2008
She currently serves as a member of the Arizona Board for Private Postsecondary Education and on the Arizona Family College Savings Plan Oversight Committee. Dr. Noone is also active in the community, serving on the Board of Directors of Child Crisis Center and Banner Health Foundation of Arizona as well as working with many exceptional organizations including Fresh Start Women's Foundation and the American Heart Association. (PR Newswire)
Ex-Univ. of Phoenix chief now CEO of school Sep 12, 2008
She serves on the Arizona Board for Private Postsecondary Education and the Arizona Family College Savings Plan oversight committee. She also is involved with the Child Crisis Center, Banner Health Foundation of Arizona, Fresh Start Women's Foundation and the American Heart Association. (AZCentral -- Business)
It's time to start saving for college--Dawn Marie Sass Sep 11, 2008
Thus, during College Savings Month, I would like to remind Wisconsin citizens to focus on investing in the future of their children by saving for college ... You may be aware of Wisconsin's "Section 529" college savings program, EdVest ... In fact, the EdVest plan is the 13th-largest college savings plan in the country and was recognized in the August 2007 Money Magazine as a recommended program for Wisconsin residents. (Chetek Alert, WI)
Ford, VW ad dollars promote new big vehicles Sep 10, 2008
One way VW reaches out to families: Buyers of Routans this month get $1,500 in a 529 college savings account at Upromise. Ellis says that VW projects Routan will gain 5% of annual U.S. minivan sales of about 750,000. (USA Today -- Autos)
September declared "College Savings Month" Sep 9, 2008
MONTGOMERY, AL (WSFA) - As college tuition rates continue to rise Alabama Treasurer Kay Ivey is announcing September as "College Savings Month" ... "The proclamation of College Savings Month helps to bring attention to this important issue and reminds parents to start saving now." ... The State Treasurer's office is in charge of two college savings programs, the Prepaid Affordable College Tuition program, or PACT for short, and the Alabama Higher Education 529 Fund. (WSJA.com, AL)
House Republican leaders propose $10.6 billion state budget Sep 6, 2008
Highlights of the House Republicans' proposal, which cleared an initial hurdle with acceptance of the main spending bill by the House Appropriations Committee, include $62 million of new tax relief, including a reduction in the corporate income tax and a new tax deduction for college savings plans. The committee approved the main spending bill on a 13-4 vote, with three Democrats joining 10 Republicans in voting for it after the panel OK'd several Democratic amendments to boost spending for... (FOX 11, AZ)
Consider the Cost of College Debt Before You Take It On Sep 6, 2008
Try this one-liner on parents who have kids in college: September is "National College Savings Month.". I guarantee you wont get a laugh. (Fox News)
How to Start a College Savings Acco... Sep 6, 2008
How to Start a College Savings Account: State 529 Plans Offer Easy, Affordable Way to Save for Education ... How to Start a College Savings Account ... How to Start a College Savings Account. (Suite101.com)
When the College Savings Plan Falls Short Sep 4, 2008
Thursday September 4, 2008 10:05 AM ET. Buzz up this storyon Yahoo. (SmartMoney)
JUSTUS MORGAN: Plans for your childrens education can change over time Sep 4, 2008
n Saving for College () information about 529 college savings plans. n EdVest College Savings Plan () Wisconsin s 529 college savings plan. (Racine Journal Times, WI)
As college costs soar, saving requires more than baby steps Sep 2, 2008
Unless you are planning on raising the next Jake Locker for the UW or Gary Rogers for WSU, you should consider one of several college savings options. One of the best and most popular ways to save for college is through a state-sponsored 529 plan. (Puget Sound Business Journal, WA)
Nebraska college savings plan honored Aug 31, 2008
(AP) -- A Nebraska college savings plan that has received repeated recognition is adding one more honor to the mix. The online college savings site has named the College Savings Plan of Nebraska a top performer in a three-year composite study among plans sold directly to investors ... The plan is one of four college savings plans sponsored by Nebraska. (Sioux City Journal, IO)
Nebraska Savings Program Honored Again Aug 31, 2008
Web Site Latest To Honor College Savings Plan Of Nebraska ... -- A Nebraska college savings plan that has received repeated recognition is adding one more honor to the mix ... The online college savings site SavingforCollege. (7 KETV Omaha)
Winning lotto ticket sold in Belle Fourche Aug 29, 2008
He plans to use the money for bills and his two sons' college savings. While he was on his way with several family members to a wedding in Iowa, Shamion discovered that he'd won the jackpot after stopping to check his ticket numbers in Sioux Falls. (Rapid City Journal, SD)
Sundance trucker wins Dakota Cash jackpot Aug 29, 2008
By Journal staff Friday, August 29, 2008. Gary Shamion of Sundance, Wyo. (Rapid City Journal, SD)
Acker to Oversee Edward Jones Heritage Hills Office Aug 28, 2008
The firm's 10,000-plus financial advisers work directly with more than 7 million clients to understand their personal goals - from college savings to retirement -- and create long-term investment solutions that emphasize a well-balanced portfolio and a buy-and-hold strategy. Edward Jones is headquartered in St. Louis. (Missourian Publishing, MO)
