Susan Tompor Detroit Free Press Published 7:00 AM EST Dec 1, 2018 The last place many parents would look for ideas on how to save money for college is their workplace. After all, connecting with a 529 college savings plan is not exactly your typical job perk. Many young families don't even use 529 plans for college savings. About 45 percent of parents use an old-fashioned savings account to put aside money for college – making the low-risk, low-return accounts the most commonly used strategy, according to the 2018 "How America Saves for College" report by Sallie Mae, a provider and servicer of private student loans. Only 29 percent use the next most popular investment vehicle, tax-advantaged college 529 plans that offer a mix of stocks and bonds. Many times, families don't even know how to open a 529 plan, according to Mark Kantrowitz, publisher and vice president of research for Savingforcollege.com. But more … [Read more...] about Saving for college: More employers promote 529 plans.
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Catching you up on overnight happenings, and what to know today.• We can expect partly cloudy skies with scattered to numerous showers and thunderstorms during the afternoon. , according to the National Weather Service. High temperatures will be in the upper 80s along the coast and the lower 90s inland.• As you head out for your morning commute, check out our live blog for the latest traffic updates and road conditions across Tampa Bay.• Sure, the crowd at the fairgrounds in Tampa on Tuesday will want to hear President Donald Trump talk up the economy, his Supreme Court nominee and Ron DeSantis, the Trump-endorsed candidate for governor. That’s the official program. But the excitement lies in the unscripted — the rollicking, boasting and insult-bombing Trump. There is nothing like a Trump rally and nothing like Trump, Times Washington Bureau Chief Alex Leary reports.• A class-action lawsuit that contends Florida Prepaid has violated its agreement … [Read more...] about The Daystarter: Lawsuit targets Florida’s prepaid college plan; trade deadline unsettling’ for Archer; Trump rally promises to go off script
Susan Tompor Detroit Free Press Personal Finance Columnist Published 12:04 p.m. UTC May 26, 2018 Jon and Sally Dean signed up for Michigan's prepaid college tuition plan when their daughter Alexandra was age 2. The couple spent around $6,500 for each year of prepaid tuition — around $26,000 total — and made sure they paid the bill off long before their daughter stepped foot into Grosse Pointe North High School. "It just became a bill we had every year for 10 years," said Dean, 45, who lives in Grosse Pointe Woods. "It's non-negotiable. We paid for it. We needed to do it." The Dean family treated the expense a lot like a mortgage — something that took priority before any talk about the prospect of big vacations or luxury cars. It's a commitment that paid off. Alexandra Dean graduates in June and heads to Michigan State University in the fall with four years of tuition already covered. The MET contract does not cover room and … [Read more...] about Here’s why you should give 529 college savings plans a second look
Vodafone India has now revamped its prepaid recharge plan of Rs 349 to dole out more data benefit to the users, now it is offering 3GB per day data usage.In comparison, Reliance Jio has a Rs 299 plan which comes with 3GB daily data limit.According to telecom analysts, while disruptor Jio has been mostly an urban phenomenon, other incumbents have focused on rural markets which contributed to their growth in 4G.Airtel also has a similar offer. Earlier the Rs 348 prepaid recharge plan from Vodafone was only offering 2.5GB of daily data use. But, we might see other telcos catching up by introducing their own plans with 3 GB data per day having long validity. Vodafone doesn't have 4G services in Madhya Pradesh, Andhra Pradesh, Chhattisgarh and Telangana circles.The new STV-349 from BSNL is an attempt to tackle Jio's similarly priced 349 plan, although the Jio 349 pack has a few advantages over the BSNL's plan. BSNL had also launched a 447 plan which offers 84 days of unlimited voice calling … [Read more...] about BSNL Launches New Prepaid Recharge Plan For Rs 349. Details Here
Secretary of State Kim Wyman said she will ask Gov. Jay Inslee for emergency funding to help the state’s counties pay for postage for voters in this year’s primary and general election if King County moves forward with a similar plan. However, Wyman urged the King County Metropolitan Council on Monday not to fund prepaid postage for mail-in ballots this election cycle, becoming the first of the state’s 39 counties to do so. She told the council she supports the idea but believes for reasons of equity it should happen statewide, all at the same time. “The reason for this is that we treat every voter in this state fairly and equally,” Wyman said. “And we do that not to create confusion among voters on how they can participate.” The council postponed a vote on the $381,000 request for a week, at the suggestion of councilman Reagan Dunn. Wyman told The Seattle Times it would cost the state about $1.8 million to reimburse counties statewide if King … [Read more...] about Secretary of state urges King County to postpone prepaid-postage plan for mail-in ballots