The Financial Pocketknife
About
Rising tuition and the complexity of financial aid can make college planning feel overwhelming. Join us for an engaging seminar designed to help families prepare with clarity and confidence. What you’ll learn: Understanding Tuition Trends: How rising costs affect long-term planning. College Fund Options: Compare traditional and non-traditional programs—529 plans, Coverdell ESAs, custodial accounts, 7702 plans, and more—along with their pros, cons, and tax advantages. FAFSA Application Process & Updates: Step-by-step guidance on completing the Free Application for Federal Student Aid, recent updates, and tips to maximize eligibility. Smart Strategies: How to balance saving, investing, and applying for aid to reduce out-of-pocket costs. Real Case Studies: Practical examples of how families successfully planned and paid for college. Beyond Just a 529 Plan : College fund planning is not simply opening a savings account. It’s a coordinated strategy that integrates different vehicles and is tailor-made for each family’s unique goals. This session will equip parents and students with the tools to make informed decisions and avoid common pitfalls in funding higher education. Presented by Theresa Kung, Ph.D., Executive Marketing Director, World Financial Group and Kwokin Ou, Fiscal Officer at MIT and Financial security professional. Registration requested, but not required.
