What Are Prepaid Tuition Plans?

By Jimmy Hicks / January 18, 2022

Updated on January 17, 2022. Originally posted on May 16, 2019. What is a prepaid tuition plan? A prepaid tuition plan is a type of 529 plan, not to be…

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The American Opportunity Tax Credit: “The Tax Scholarship”

By Jimmy Hicks / July 13, 2021

Origin of the American Opportunity Tax Credit The American Opportunity Tax Credit, proposed by President Barack Obama and passed by Congress in 2009 to replace the Hope Credit, became a…

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Saving for College Before Your Baby Is Born

By Jimmy Hicks / January 29, 2021

With the costs of higher education constantly rising, it is more important than ever that parents start saving as early as possible. So, when is the right time to start?…

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College Funding for Newlyweds

By Jimmy Hicks / March 19, 2020

How do we plan for an educational expense that may or may not happen at some point in the future? My fiancé and I are getting married soon and are…

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Stuck in the Middle: How Roth IRAs Can Be Used for College Funding

By Jimmy Hicks / November 8, 2019

Roth IRAs and the FAFSA When it comes to college funding, most families seem to be “in the middle.” They aren’t wealthy enough where college funding isn’t a concern and…

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