grandparents
No, Social Security Isn’t Going Broke. 5 Shortfall Myths, Busted
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A new trustee’s report provides some scary projections about Social Security’s future. Social Security’s trust is now expected to be depleted by 2034. That’s one year sooner than originally estimated, in part due to the economic shock of COVID-19. Taken out of context, the numbers look frightening. But if you understand how Social Security works, […]

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

Paying for College: A Parent’s Guide
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blue piggy bank with graduation cap

Parents can and do find ways to pay for their child’s college, but it often involves sacrifice and planning. Two keys: Save early and consistently. Starting as soon as possible and making regular deposits into whatever vehicle you choose can help smooth out the ups and downs of the stock market. Consistently making equal payments […]

The post Paying for College: A Parent’s Guide appeared first on SoFi.

How to Give a First-Time Home Buyer a Hand
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With home prices soaring, newbies may need financial help from their family. Here’s how to do it right.
What Is a Coverdell Education Savings Account (ESA) – Rules & Limits
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Learn more about the Coverdell ESA, and find out if it's right for you as you save for your children's education expenses.
9 Forgotten Frugal Strategies — and How to Resurrect Them
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These time-tested methods can help us live smarter today.
12 Ways Grandparents Can Help Students Pay for College
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There are many ways that grandparents can help their grandchildren pay for college. Learn about each of these options here.
Common Financial Mistakes First-Time Parents Make
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mother holding her baby

As a first-time parent, there’s a lot on your plate. You’re responsible for raising a tiny human into a smart, kind, and successful member of society. Mistakes, even when it comes to money matters, are inevitable. Still, thoughtful planning can help you meet your financial goals and give your kids the support they need. And […]

The post Common Financial Mistakes First-Time Parents Make appeared first on SoFi.

18 States With Scary Death Taxes
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Federal estate taxes are no longer a problem for all but the extremely wealthy, but several states have their own estate taxes and inheritance taxes that could still hit your heirs.
Coverdell ESA vs 529 College Savings Plan – Differences & Comparison
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Planning for education expenses early lets parents spread out the cost and use tax-advantaged accounts to build up savings. ESAs and 529 plans are similar tax-advantaged investment accounts that let you do just that. Which is right for you? Read on to learn about the pros and cons of each.

Coverdell ESA vs 529 College Savings Plan – Differences & Comparison is a post from Money Crashers.

How Teens Can Start Investing Through a Roth IRA
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By beginning to invest in a Roth IRA at an early age, today’s teens can become tomorrow’s millionaires.
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