In this week’s episode you will hear

In the News : N/A

This week’s question (1:56): A mom asks a very important question, How can I know if a college is genuinely caring about all kids but especially about an unorganized student? Lisa Rouff and Lynda Doepker answer this question. (Length 41 minutes)

This week’s interview (42:48): Interview: Frequently Asked Questions about 529 Plans, Julie Shields-Rutyna and Jonathan Hughes from MEFA, Part 2 of 4. Preview of Part 2

• Jonathan talks about how you can use gift cards, a gifting page an email link to set up payments
• Julie talks about the tax benefits to a 529 plan
• Julie talks about the state tax deductions and tax credits
• Jonathan talks about how the new secure ACT 2.0 act makes 529’s even better now, and he gives the history of how the 529 has gotten better every year by helping with K-12 tuition and even apprenticeships
• Julie tells us what qualified expenses are
• Julie talks about the things that a 529 does not cover
• Julie talks about what happens if someone doesn’t have a Social security number
• Julie talks about whether someone can be the owner if they are not a relative
• Jonathan talks about what the process is of getting the 529 money to the college
• Julie answers the question, can a 529 be used for personal and miscellaneous expenses
• Julie talks about what safeguards are in place to protect fraud (Length 21 minutes)

Second Question from Listener (1:03:00): Susan joins Mark to answer a Speakpipe question, “Is it ever a bad idea to submit a test score that is too high”

College Spotlight : N/A

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