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Saving And Planning For College (The Motley Fool)
Here are some tips to help you plan how to pay for a college education.
CORRECTING And REPLACING Upromise Celebrates Five Years Of Helping Families Save Millions Of Dollars For College While ... (Finanzen.net)
Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: UPROMISE CELEBRATES FIVE YEARS OF HELPING FAMILIES SAVE MILLIONS OF DOLLARS FOR COLLEGE WHILE MAKING ...
Considering Business School While Balancing Saving (Washington Post)
Christopher Scoville, 25, says he thinks about saving for retirement a lot more than his peers in part because it's in his blood.
Elsberry Prepares To Lead Final Concert (Fremont Tribune)
He’s saving the best until last. Jim Elsberry, Midland Lutheran College director of choral music and jazz studies for the past 31 years, promises a special evening for all who attend his final appearance with the Midland Lutheran College Cleft Dwellers.
For New College Grads, Saving Early Pays Off Big (Modesto Bee)
Millions of college seniors are interviewing for their first full-time jobs in preparation for stepping out of the hallowed halls of education and into the real world.
 

JUST WAIT - a $1000 scholarship - a positive answer to the alcohol, tobacco, and drug problem

Educator Article 

Saving For A College Education


Saving for a college education is one of the most difficult things for a student and their family. Luckily many businesses, organizations, and institutions offer helpful plans that assist in making this task a little easier and a little less frustrating.


One such plan was developed for the staff and families of colleges in the State of New York. New York's College Savings Program is designed to help families of all income levels save for this important goal.


It works through payroll deduction and employees can enroll for as little as $15 per pay period. These deductions are made on an after-tax basis.


The program offers New Yorkers an annual New York State income tax deduction for contributions of up to $5,000 for individuals and up to $10,000 for married couples filing jointly. When the money is used to pay for your beneficiary's qualified higher education expenses, you will also not have to pay federal or New York income taxes on earnings. Qualified withdrawals are completely income tax free.


Anyone - parents, grandparents, uncles, aunts, friends - can establish an account, regardless of state residence. To get started with payroll deductions you submit a completed application to the program and ill receive a confirmation form attesting your enrollment. You then advise your Payroll department and the deductions start in our next pay period.


The funds that you deposit can be used at eligible schools anywhere in the country and are not limited to the state in which you enroll. The funds can be used for educational expenses, including tuition, fees, supplies, books, and equipment required for enrollment. Most room and board expenses are also covered for students enrolled at least half time.


You can and should open account for each child in your family because each account can only have one designated beneficiary. You can be the designated beneficiary yourself, but you may designate anyone. The tax benefits are not contingent on the beneficiary being a family member of the account owner. Even if you move out of state you may keep contributing money to the account and continue to enjoy the benefits of federal and New York State tax-deferred growth.


Check and see if your employer, institution, association or union has a similar education savings program that you can apply to join. It will make saving for a college education much easier and a lot less frustrating for everyone involved.


This article courtesy of http://www.university-phoenix.com

 

Learn how by donating Worldmark timeshares you can help solve the alcohol, tobacco, and drug problem

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