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College Funding

Negotiating College Award Letters With Shannon Vasconcelos

https://www.podbean.com/media/share/pb-q4zrv-feef03 If you didn’t know you could negotiate, you are not alone. Negotiating college award letters is not only possible but can save a family thousands. Shannon Vasconcelos from Bright Horizons will tell us how to do it and how to do it right! For questions on working with Shannon: https://getintocollege.com/Our-Experts/Finance-Experts/Shannon-Vasconcelos The MNice Investor Goes …

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New Dad Jokes & FAFSA Gets An Update — Some Good. Some Really Bad!

https://www.podbean.com/media/share/pb-cx37q-fa8f09 We start off with new dad jokes to warm you up (wind chills of -30 here in MN!). We then talk recent changes to FAFSA (need-based aid) passed with recent COVID legislation. Some good changes. But mostly bad, especially for families with multiple kids.  Article referenced in podcast – Mark talks college saving ratios: …

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Applying For College In The Age of COVID With John Hupalo

https://www.podbean.com/media/share/pb-62mjn-f8823b COVID has made a challenging time, even more difficult. Current high school juniors and seniors face challenges most students don’t face. Our guest, John Hupalo, is a great guide to help parents and students down this unexpected detour of their college funding journey. John is the founder of Invite Education.com, which includes MyCollegeCorner.com. He …

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The Backdoor Roth For High Earners

https://www.podbean.com/media/share/pb-mcmf3-f53e14 A Roth IRA can be a great part of a college funding strategy. Its flexibility can help you prepare for funding college and retirement. But many families make too much to contribute. To make matters worse, most families that make too much for a normal Roth contribution, make too much for need-based aid from …

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Minnesota’s Tax Benefit — The Credit OR Deduction Explained

https://www.podbean.com/media/share/pb-a5u9i-f318c1 We all know that the 529 Plan is a great way to save for college, but did you know that Minnesota has an additional tax credit OR deduction for the year you contribute? Join Mark as he goes into more detail to see if this tax benefit is right for you. Also, here are …

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How To Use 529 Plans In The Age of COVID With Paul Curley From ISS Market Intelligence

https://www.podbean.com/media/share/pb-wqcpt-f0358c Paul Curley from ISS Market Intelligence will talk about the benefits of 529 Plans in general, but also how they can be used with the new COVID normal. He will answer questions like, Can a 529 Plan pay a parent rent? Can it pay for internet access at home? Is PPE a qualified expense? …

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Don’t Lose Your HEAD — Your 529 Plan & Market Risk / 4 Things To Do To Prepare For Down M

The story is all too familiar: a family doing all the right things invests in a 529 Plan to limit the amount of debt their child has coming out of college. Pre-COVID investors, including college investors, prospered. Over the last 10 years an aggressive portfolio could have easily doubled, or even tripled in value. With …

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