New Jersey has been slower than other states to consider contributions to 529 plans as state income tax deductible. The good news is that the New Jersey College Affordability Act (NJCAA), which went into effect in 2022, remedies the situation and adds additional tax...
While 529 College Plans have been around for more than two decades, helping people save for their children’s tuition, it’s less well-known that the plans can be used for sidestepping certain taxes. First off, let’s explain just what a 529 plan is and who can open one....
It’s no secret that college is expensive and growing more so every year. Whether a private or public institution, the costs are significant. According to the College Board, in 2017-2018, the average annual tuition and fees for a private institution was $34,740. A...
If saving for college expenses is a good thing, then saving on your taxes at the same time is even better. So, what is the best way to save for college and maximize your tax breaks? In short – a 529 Plan. Here are a few commonly asked questions about 529 college...
Whether your child is 18 months old or 18 years old – saving money for their college education is a critical piece of your financial picture. As tuition prices continue to skyrocket, it’s more important than ever to have a strategy for handling the cost of higher...
Address 642 Newtown Yardley Road, Suite 220 Newtown, PA 189401
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.