But what if you don’t have enough saved for college for your high school aged child? According to college funding expert Lynn O’Shaughnessy, take these steps keep costs down even if your college savings has fallen short.
Better Options Than $100 for College
Last month Governor Polis signed a bill that sets aside $100 for Colorado kids born starting in 2020 for higher education costs. I hope it will motivate families to save more.
New Low Cost Accounts to Help Those with Special Needs
Those with a family member with special needs often encounter challenges in helping to support them while not undermining access to key government programs. In response to this concern, the ABLE Act was enacted in 2014 permitting the creation of low-cost, tax-advantaged accounts to benefit those with disabilities.