Should You Use a 529 Plan, Trust, or Taxable Account for College Savings?
Choosing the right college savings strategy matters. Compare 529 plans, trusts, and taxable accounts to find the best balance of tax benefits, control, and flexibility. ...
The Hidden Benefits of Starting College Savings During the Holidays
The holidays bring plenty of traditions. You've got the cookie exchanges, the annual family gatherings, and the mountains of toys that end up forgotten by February. But buried under all those wrapping paper scraps is an opportunity most families overlook. While everyone else is buying the season's hottest gadgets and trending toys, you could be setting up something that lasts far beyond the new year. College costs keep climbing. The average...
How to Balance College Planning With Your Other Financial Goals
When your child starts kindergarten, college feels like a distant concern. But fast-forward a few years, and suddenly you're facing the reality that higher education costs are climbing faster than most family incomes. With the average college student and their families paying $13,760 out-of-pocket for the 2023-2024 academic year, it's no wonder parents feel pressure to start saving early and save aggressively. Here's the challenge: college planning doesn't happen in a...
Common Educational Planning Mistakes to Avoid
Education planning mistakes can quickly snowball into expensive headaches. Learn how to anticipate and avoid them with help from Avior. According to the Education Data Initiative, tuition rates for public, four-year universities increased by nearly 40% between 2011 and 2023, with a 2.64% average annual tuition inflation rate. Needless to say, education planning matters today more than ever. While education planning stretches beyond college to vocational instruction, certifications, personal development, and other forms...
