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I had a vague idea about tax-advantaged college savings plans; our diligent financial advisor had surely discussed them in one of our meetings. But the numbers — the 529s, 401ks, and 403bs ...
Keep in mind, though, the annual gift tax exclusion for 2024 is $18,000; after that, it would count toward grandma’s lifetime gift tax exemption. Worst-case scenario, the kids could withdraw the ...
Tuition prices are much higher for students today compared to many older Americans. CBS News reported the average price of college tuition, fees, and room and board have surged by 155% between ...
In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time.
Bucks County Community College, Newtown, Bristol and Perkasie; Community College of Philadelphia; Camden County College, Blackwood, Camden and Cherry Hill, New Jersey; Cumberland County College, Vineland, New Jersey; Delaware County Community College, Marple Township, Downingtown, Exton, Phoenixville, Sharon Hill, Upper Darby and West Grove
Education in Philadelphia, Pennsylvania began with Benjamin Franklin's founding of the University of Pennsylvania as European styled school and America's first university. Today's Philadelphia region is home to nearly 300,000 college students, numerous private and parochial secondary schools, and the 8th largest school district in the country.
Here's what to consider. We are older parents in our late 50s with a 15-year-old son — is it weird to retire with kids still in school?
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