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

With interest rates at their highest levels in decades and the cost of college continually skyrocketing, could using a Roth IRA to pay for college offer opportunity? Or might you want to think twice before doing so?

Check out this month's blog for more.

Rick, Lyman and Andrew
🤔Using a Roth IRA to pay for college?
There are several advantages to a Roth IRA. Notably, your ability to withdraw contributions without taxation and penalties. But does this make it a good fit to fund college?
Sending your child off for the first time
Any parents sending their child off for the first time? Hold the tissues, here's a note to help you through this major transition.
Student Corner
What to know about the new SAVE Plan
For recent grads, sweeping changes to income based repayment plans on student loans opened the door for a new plan, SAVE, replacing REPAYE. See here for details on the new plan, and for estimates on how this may affect your monthly payment.
Have college questions on your mind?

Don't be afraid to reach out!

Click the link below to submit your question to us.
Feel free to pass this on to someone you know who may be interested. 

Andrew Holmes, CFP® ,CCPS™, CSLP®, Rick Fingerman, CFP® and Lyman Jackson, CFP®

Financial Planning Solutions, LLC
Creating your ideal tomorrow while living well todayâ„¢
134 Rumford Ave. Suite 203, Newton MA 02466
 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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