By Tim Gorrell, Executive Director, Ohio Tuition Trust Authority October 19, 2021 I’m often asked, “When is the best time to start saving for college?” My answer is always, “When your child is born. The next best time? Today.” If it’s difficult to find extra funds to save for a higher education when you first bring […]
By Tim Gorrell, Executive Director, Ohio Tuition Trust Authority June 8, 2021 One of the most frequently asked questions about 529 plans is: “What happens to the 529 if my child receives a full ride?” While we certainly hope your child does earn that amazing academic or athletic achievement, research shows that the odds are […]
By Tim Gorrell, Executive Director, Ohio Tuition Trust Authority May 14, 2019 There’s much to consider when you’re thinking of saving for a child’s future higher education costs. Based on some of the most frequently asked questions about 529 plans, here’s what you need to know. What’s a 529 plan? A 529 plan is a […]
529 Plans Aren’t Just For Kids By Tim Gorrell, Executive Director, Ohio Tuition Trust Authority March 27, 2017 April has been designated Financial Literacy Month to focus on increasing the public’s comprehension of basic monetary concepts. Many banking institutions and credit union offer financial wellness seminars. Additionally, university extension offices may provide financial literacy classes. […]