How To Save and Pay for College: A Q&A with a Financial Expert
Paying for college is one of the biggest financial challenges families face today. We sat down with Ben Laska, a CFP® professional and MPPL Financial’s in-house expert on college planning, to unpack key strategies parents and prospective students should consider when preparing for this major investment. From saving strategies to tax credits, here’s what you […]
Opening a Roth IRA for Your Minor Child: What You Need To Know
It may seem premature to think about retirement for kids, though it’s a topic MPPL Financial does discuss with some regularity with clients, particularly when 529 planning is also a consideration. Ben Laska, a CFP® professional and MPPL Financial Advisor in our Wausau, WI office shares: “Funding a Roth IRA for minors can be an […]
Grandparent-Owned 529 College Savings Plans: More Powerful Than Ever
There’s good news for students who have financially generous grandparents. Beginning in the 2024-2025 academic year, grandparent-owned 529 college savings plans will no longer be a headache for students seeking federal financial aid. Previously, distributions from such plans negatively impacted the student’s eligibility to receive needs-based financial aid, with the potential to reduce aid by […]