529 plans are designed to facilitate savings for higher education. However, it must be noted that these plans are designed not only for the benefit of children but for anyone who wants to undertake a qualified educational course. This implies that children are not the only ones benefiting from these plans. Parents can also utilize ...

The definition of education planning has undergone different transformations in the last few decades. Its modern concept has attracted various disciples from different aspects of our life. Today, education planning entails a variety of savings plans that secure a child’s future with varied resources. Registered Education Savings Plan or RESP is one such distinguished proposal ...

Did you know that better education planning can increase the contributions for retirement savings?  Starting the process of education planning is fairly simple. But as we progress, we tend to face certain obstructions and constraints that delay our objective timelines. Very often, systematic planning and awareness of the right methods of saving can help overcome ...

Benjamin Franklin, one of the founding fathers of America, rightly said –  An investment in knowledge pays the best interest. From the day you become a parent, everything in your life revolves around the betterment of your child. And yet, unfortunately many American parents do not put in enough thought towards their child’s education fund. ...