(Seattle Times, May 25, 2022) - "It’s easy to transfer 529 funds when a student switches colleges, but what if they opt to not attend college at all? In this scenario, there are several options."
Thank you to The Seattle Times for their article showcasing families navigating the path as finances, timelines and dreams change.
Read more at SeattleTimes.com
(Seattle Refined, May 18, 2022) - In recent years, the rising cost of higher education may have led you to question whether your child should pursue a degree. However, research has shown that, in the long run, degrees increase earning potential and raise the likelihood of career advancement.
Families who save for college would get tax cuts plus the option to roll unused savings into a child’s retirement account under a bipartisan bill sponsored by U.S. Sens. Maggie Hassan of New Hampshire and Susan Collins of Maine.
The 529 plan you choose can have a big impact on your total savings when it’s time to pay for college. However, a family’s needs may change over time and sometimes it makes sense to switch 529 plans.
(April 15,2022) It is never too late or too early to engage kids in meaningful conversations about their futures. A lot of kids start talking about what they want to be when they grow up at an early age. Many change their minds a hundred times, while others are still unsure as they approach high school graduation. Encouraging kids to think about what they enjoy can help their dreams take shape. WA529 has something exciting this spring to get the conversation started!
(March 16, 2022) It is already that time. Although we don’t want to admit it, we must. It’s tax season. Those two words alone can make teeth grind and headaches emerge. Most of us will ask ourselves “When will I have the time and energy?” seemingly over and over before finally sitting down to get started. Not only that, but are all documents and passwords needed to file in order? While these are dreaded questions, there is another that brings a bit of joy and hopefulness. If receiving a refund, where should it go how will I use it?
(January 20, 2022) A lot of us set ambitious goals while basking in the glow of a bright and shiny new year. (As for me, my resolution last year was to obtain visual confirmation of the existence of my garage floor.) But few actually end up following through on those plans. According to a study by Clinical Psychology, only 46% of people who made New Year’s resolutions ultimately accomplished their goals. That means, despite our best intentions, more than half of us will fail.