Sentences with phrase «for future educational expenses»

An investment strategy that aims to save for future educational expenses such as college; there are tax benefits to this type of plan.

By empowering families to spend funds on a variety of educational products and services or to save for future educational expenses, ESAs incentivize users to maximize both value and efficiency and foster an unbundling of educational services.

They can also save unused funds for future educational expenses, including college.

These two features of ESAs — the ability of parents to completely customize their child's education and save for future educational expenses — make them distinct from and improvements upon traditional school vouchers.

Not exact matches

They are an improvement on traditional school - choice programs because they enhance the freedom of parents to purchase a wide variety of educational products and services and save for educational expenses in future years, including college.

The Education Corps is designed to provide tutoring and after - school support but not necessarily to train future teachers.92 The VISTA program matches corps members with a nonprofit organization to perform capacity building and provides yearlong stipends, but it is not intended for provision of direct services.93 The Professional Corps, which specifies teaching as one of its qualified positions, allows participants to access Segal AmeriCorps Education Awards — which recipients can use either for loan forgiveness or for paying tuition and other qualifying educational expenses — but increases residency program costs because residents are prohibited from receiving stipends through AmeriCorps and must therefore be paid through their program or the school district.94 None of these programs were designed for supported entry specifically; thus, programs dedicated to providing a gradual on - ramp to the teaching profession can sometimes find it hard to meet their definitions and requirements.

If you have kids then future educational expenses are something that should be planned for.

With a passive income stream, a working mom can put the extra money towards financing her child's current various educational expenses as well as fund the child's 529 Plan for future college education.

So a child plan not only provides for the expenses of the child's future educational expenses it also covers for the risk of the parent's life so that if the parent dies prematurely, the child's education is not affected.

With the right amount of life insurance, you can have peace of mind knowing that after you're gone, not only will their basic needs be met, but the payout from the death benefit can help pave the way for a brighter future that includes money for college tuition and other educational expenses.

Thus opting for a child plan will not only help a child but a parent as well towards a healthy financial planning for the child's future educational expenses.

Over a period of 10 or 15 years, funds can grow substantially, essentially helping to at least pay for some — if not all — of your child's future educational expenses.

If you have a family, now is when you should start planning for your children's future educational expenses.

There are a multitude of things that a life insurance death benefit can cover including funeral and burial expenses, outstanding debt life mortgage payments, income replacement for your spouse when you are no longer here, and your children's educational future.

Remember to include the future costs of items you want to pay for such as a mortgage or educational expenses.

Responsibility for your child's future educational expenses is addressed.