Helping parents of college bound students navigate the
college process
‌
Greetings!

While the idea of a gap year has always been an opportunity on the table, more students than ever before are considering exploring this option as an alternative in the wake of the Coronavirus. Is a gap year the right option for your child?

Rick, Lyman and Andrew
All options on the table: explore a gap year?
Is a gap year really a viable option for my senior entering college?

Room and board refund from fees paid with a 529 Plan?
Did you receive a refund for room and board? If the fees were paid out of a 529 and the refund is not recontributed to the 529, it will be considered a non-qualified distribution. This means that the earnings portion of the distribution is subject to income taxes at the beneficiary’s rate and a 10% tax penalty. 

Student Corner
Start thinking summer jobs

It's only May but but summer is right around the corner. This article is older, but the ideas presented still run true today.
Got a question?
Do you have something on your mind as you go through the college process?

Don't be afraid to reach out!

Just click the link below to submit your question to us.

Feel free to pass this on to someone you know who may be interested. 

Rick Fingerman, CFP® , Lyman Jackson, CFP® and Andrew Holmes

Financial Planning Solutions, LLC
Creating your ideal tomorrow while living well today™
120 Wells Avenue, Newton MA 02459 


 617-630-4978 | 800-224-0132 
Financial Planning Solutions, LLC ("FPS") is a Registered Investment Advisor ("RIA") located in the Commonwealth of Massachusetts. FPS provides asset management and related services for clients nationally. FPS will notice file and maintain all applicable licenses as required by the various states in which FPS conducts business, as applicable. FPS renders individualized responses to persons in a particular state only after complying with all regulatory requirements, or pursuant to an applicable state exemption or exclusion. 
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