FOX – WOFL
The cost of college tuition is rising at an alarming rate. Financial-aid budgets are getting slashed. Student loan debt is at all time high. It isn’t just people in their 20s dealing with fallout from tuition costs; it’s also hitting retirees in the pocketbook.
A study from the Federal Reserve Bank of New York shows more than 2 million people over age 60 have student loan debt – and now Uncle Sam is coming after their Social Security benefits.
Don’t let this be you.
Florida (FL) 529 College Savings Plans
The Sunshine State offers both a 529 prepaid program and a 529 savings plan. The Florida Prepaid College Plan has a Florida residency requirement and is the largest prepaid plan in the nation. It is unique among contract-type prepaid programs in offering a dormitory option in addition to its various tuition and fees packages. The Florida 529 Savings Plan is a board-managed 529 college savings program available to residents of any state that hires outside investment managers to separately manage the program’s portfolios.
• Click Here To View The Florida 529 Savings Plan
• Click Here To View The Florida Prepaid College Plan