Education

American Families Plan

How Biden’s Proposed American Families Plan Might Affect You

President Biden presented his proposed American Families Plan (AFP) during his Joint Session of Congress address on April 29, 2021. What follows is an overview of what is included in the plan.

Tax Reform Adds Education Benefit

Why are we talking about an education benefit in the middle of the summer?

We know that everyone is in summer vacation mode. No one wants to talk about school now. I mean, the kids are just getting out of school! Well, someone has to bring up the subject to save you money on your education expenses. Therefore, it is time to start making plans for education savings. Even if your child is an infant, you want to think about this subject and ask yourself, “Am I going to send my child to private school?” And, “What if I don’t qualify for scholarships?” After all, scholarships are very competitive. So you want to think about education savings plans.

Read More