Bedel Blog

Get financial clarity, insight, and analysis delivered straight to your inbox.
Subscribe to our weekly blog.

Image for FAFSA Changes for the 2023-2024 School Year (And Beyond)

Sep 28, 2022

FAFSA Changes for the 2023-2024 School Year (And Beyond)

More than half of higher education schools haven't started preparing for the significant changes coming to the FAFSA. While we may have to wait a bit longer than expected to see the changes, some key topics remain.

Image for FAFSA: The First Step in College Financial Aid

Sep 26, 2022

FAFSA: The First Step in College Financial Aid

If there are thousands of dollars at stake, you would expect most parents and students to be anxious to apply. But unfortunately, that's not always the case. So even if you think you won't qualify, taking 60 minutes to complete the FAFSA could be well worth your time.

Image for Student Loan Forgiveness – What to Do With Extra Money

Sep 12, 2022

Student Loan Forgiveness – What to Do With Extra Money

While it will sound boring to some, paying off loans or adding to your savings are two approaches that can help you now and grow your nest egg for when you need the money later.

Image for Indiana 529 Plan: 5 Common Questions

Aug 29, 2022

Indiana 529 Plan: 5 Common Questions

A 529 plan is an investment account mainly for post-secondary education expenses. Money contributed is not deductible, but all earnings accumulate tax-deferred and are distributed tax-free if used for qualified education expenses.

Image for Completing a FAFSA? These Easy Steps Can Save You Time and Money

Oct 18, 2021

Completing a FAFSA? These Easy Steps Can Save You Time and Money

Following these four steps will take some time, but probably not as much time as you think. And, when you follow these steps, the likelihood of qualifying for financial aid increases incalculably.

Image for The Private College 529 Plan – an Alternative for College Savings

Jun 21, 2021

The Private College 529 Plan – an Alternative for College Savings

While Private 529s allow you to buy certificates to lock in current tuition rates for participating colleges, they don't allow you to invest your savings in marketable securities.

Image for Excess 529 Money…hmmm, what to do?

Jul 27, 2020

Excess 529 Money…hmmm, what to do?

Having money left over in a 529 account may be viewed as a problem, but it is a problem most of us would love to have.

Image for Want Triple Tax Benefits? Donate to Scholarship-Granting Organizations

Oct 27, 2019

Want Triple Tax Benefits? Donate to Scholarship-Granting Organizations

Looking to provide scholarship funds to your alma mater or favorite school? Gifting to a scholarship-granting organization (SGO) allows you to do just that while also realizing great tax benefits. Read on for all the details to help you put money in your alma mater’s pocket, while keeping a bit more in your own!

Image for 529 Savings Plans: Use for K-12

Aug 27, 2018

529 Savings Plans: Use for K-12

Can you pay for k-12 tuition with a 529 plan? You can now! While this could have a nice tax advantage for families that save, there is some very important information to understand first. We’ve broken down the benefits, the potential traps and ways to get around them.

Image for 529 College Savings Accounts - Does This Expense Qualify?

Aug 10, 2018

529 College Savings Accounts - Does This Expense Qualify?

Do you know what post-high school educational expenses qualify for tax-free reimbursement from your child’s 529 account? It’s important to know what expenses do qualify in order to avoid paying taxes and a penalty for those expenses that don’t.

Image for College Costs: What’s a Parent to Do?

Aug 9, 2018

College Costs: What’s a Parent to Do?

Anyone with children knows the cost of a college education is steadily on the rise, and that money has to come from somewhere. So what's a parent to do? We discuss ways to 1) determine how much to save and 2) ways to save for your children's education.

Image for When College Planning Goes Awry

Apr 9, 2018

When College Planning Goes Awry

Not all education paths after high school look the same…so what should you do about that 529 if your child decides to take a different path than traditional college? The good news is you do have options. Whether it’s attending a vocational school, going into the military or immediately joining the work force, your 529 savings aren’t lost. We break down just what your choices are and how those will affect you.

Image for Tax Strategies to Ease the Pain of a Down Market!

Feb 7, 2016

Tax Strategies to Ease the Pain of a Down Market!

It’s not fun to watch your portfolio decrease in value, but there is a way to make lemonade out of lemons!

Image for Is College Worth it?

Aug 26, 2013

Is College Worth it?

With the cost of college increasing; students acquiring significant debt; and the sluggish job market, is it worth getting a college degree?

AUTHORS