Sandra Gilpatrick, CFP ®,CDFA™

CONNECT

Address:

101 Federal Street, 19th Floor
Boston, MA 02110

Phone:

(617) 314-7575

Financial Literacy: How To Teach Kids To Budget

 

January 28, 2015 

Curious about how the tooth fairy and tuition are related? Read my article featured on Boston Mamas: How to Teach Kids to Budget

Prior to investing in a 529 Plan investors should consider whether the investor's or  designated beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state's qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.