Blog
The need for trip insurance amid the pandemic is reshaping the travel landscape
Key Points The uncertainty of each country’s travel restrictions has left travelers looking for insurance options now more than ever, says Naveen Dittakavi, founder and CEO of Next Vacay. Travel insurer Seven Corners says Turks and Caicos is now the No. 1 destination...
4 tips for college students to start building a secure financial future
As a part of CNBC’s Invest in You coverage of Financial Literacy Month, CNBC + Acorns partnered with NBCU Academy to present a live virtual town hall for students. In a wide-ranging conversation about personal finance hosted by CNBC Senior Personal Finance...
How families can negotiate for more college aid: one student’s successful appeal
As high school graduation festivities come to an end, a new milestone is ahead for families of first-year college students — making the first tuition payment Invoices for the fall semester are often sent out at the beginning of July and payments are typically due the...
There are six more months free of federal student loan payments.
Here’s what you can do with the extra money People with federal student loan debt have about six more months of freedom from repayment and seeing interest accrue on their outstanding balances. In the meantime, they can put the money they would be paying towards those...
Saving For College And On Your Taxes: Understanding 529 Plans
May 29 is National 529 College Savings Plan Day! Do you know what a 529 plan is? Do you know how to use it? Let me explain. What is it? 529 College Plans were initially created to help families save money for higher education expenses for children, grandchildren, or...
Look before you leap into a 529 plan
Funding higher education via a Roth IRA might prove a better vehicle for some. Photo by Vitalalp/iStock Parents often wonder how to pay for college as soon as their baby arrives. To prepare for this daunting expense, some families want to start saving early for...
12 Benefits of a College Savings Plan
Saving for your children’s college educations can be stressful, but it can also be one of the best things you can do to help ensure they have a solid financial start. Consider college saving plans, or 529 plans, offered by most states to allow families to invest money...
Tax-Smart Ways to Help Your Kids or Grandkids Pay for College
Your child (or grandchild) might be just a two-year-old, but it's not too early to start figuring out how you'll pay for college. Here's why: According to the College Savings Plans Network, it's estimated that it will cost $261,277.00 to send a child who is a toddler...
Retirement Strategies
Retirement is the No. 1 financial goal of most Americans. But for many people, that goal is seemingly based more on aspiration than actual action. According to the Center for Retirement Research at Boston College, approximately half of those who retire at age 65 will...
Is Deferring Taxes the Best Thing for Your Retirement Savings?
The tax bill that you’re putting off on your traditional IRA or 401(k) may be higher than you think, especially since it’s looking likely that tax rates could be rising sooner rather than later. Getty Images Many people saving for retirement have long followed the...