Tag Archives | Florida Prepaid
15 May 2013 --- Mother watching young son use digital tablet. --- Image by © Hero Images/Corbis

How to Make the Most of the New Child Tax Credits

What is the best way for parents to make the most of the extra $250 to $300 a month? Across the state, Florida families have started receiving monthly Child Tax Credit payments that took effect last month as part of the federal government’s pandemic relief. According to the IRS, 90% of American families with children […]

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Paying For College? Check Out The Florida Prepaid Plan

Looking into ways to pay for college? The Florida Prepaid enrollment is now open for this year. Prices are lower than in past years, so take a look. The Prepaid plan differs in significant ways from Florida’s, or other states’, 529 college savings plans. Here’s how the Florida Prepaid folks explain it: “The biggest difference between […]

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Are College 529 Plans In Danger?

Many of you heard last week that President Obama proposed stripping college 529 plans of  their tax-free growth status. Under current law, college 529 plans work something like a Roth IRA. There’s no federal tax deduction for contributing money, but money does grow free of tax and can be withdrawn free of tax, if used for qualified […]

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