By Tim Gorrell, Executive Director, Ohio Tuition Trust Authority December 7, 2021 The first few years of parenthood go by in a flash. As you settle in with your family, take some time to figure out how you’d like to support your child’s future higher education. It’s best to start saving as early as possible. However, […]
Nov. 11 is Veterans Day. You notice that Veterans is spelled without an apostrophe because the day does not belong to Veterans but rather is a day for honoring all Veterans. Nineteen million or less than 1% of the United States’ population are Veterans. Two million men and women currently are actively serving in U.S. […]
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 December 8, 2020 You know the saying, “It’s never too late…” Truly, it’s never too late to save for your child’s college education in a 529 plan, even if it’s their senior year of high school. Why? 529 plans offer many benefits to enhance the growth […]
By Tim Gorrell, Executive Director, Ohio Tuition Trust Authority July 14, 2020 For students getting ready to start their senior year, summer is an ideal time to prepare for college before their final year of high school. There are many steps your student can take this summer to make themselves more appealing for college admissions. Studying […]
By Tim Gorrell, Executive Director, Ohio Tuition Trust Authority June 2, 2020 During these turbulent times, it’s completely normal and natural to be worried about your savings, including your 529 account. So we join our voiceswith many others: Do not panic. Swings in the stock market are normal, and the market recovers over time. So […]
By Tim Gorrell, Executive Director, Ohio Tuition Trust Authority April 14, 2020 April 15 is the traditional filing deadline for federal income tax returns. Due to the monumental societal changes occurring nationwide caused by COVID-19, the federal government has extended the 2019 tax filing deadline to July 15. Your state may have also adopted a new […]
By Tim Gorrell, Executive Director, Ohio Tuition Trust Authority November 5, 2019 We owe much to our country’s military. On this Veterans Day, let’s express our gratitude to all those who have served and are serving our great nation. There are currently over 19 million veterans in the United States today and over 2 million […]
By Tim Gorrell, Executive Director, Ohio Tuition Trust Authority October 22, 2019 You’ve heard this adage many times, but it’s still true: It’s never too early and it’s never too late to start saving for your child’s higher education in a 529 plan. No matter how old your child is, you can take steps to […]
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 […]
By Tim Gorrell, Executive Director, Ohio Tuition Trust Authority February 5, 2019 The first month of 2019 is now behind us, so what’s the status of your New Year’s resolutions? Whether you make resolutions or not; whether or not saving for educational costs after high school was a part of your 2019 plan, it is […]