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Carrie answers your financial questions.

Carrie Schwab-Pomerantz, CFP®, is a leading advocate for financial literacy and one of America's most trusted sources for financial advice. She answers today's perplexing financial questions every week in her Ask Carrie column.

Carrie answers your financial questions.

Ask Carrie

Paying for College: Are Scholarships Taxable?

Scholarship money is generally tax-free provided the student is a candidate for a degree at an eligible institution and the money is used to pay for qualified expenses.
May 6, 2022
Ask Carrie

529 Accounts: When a Child Doesn’t Go to College

Kid not going to college? Don’t despair. Those 529 assets can be used for a variety of education costs.
May 6, 2022
Ask Carrie

First Steps for Your Baby’s Financial Future

New baby? There’s a lot to think about—including your child’s financial future. College is a major savings goal, but there’s even more to consider.
November 12, 2021
Ask Carrie

Help! My Student Loans Are Due Again!

With the right strategy, you can pay off debt while at the same time building a strong financial foundation.
November 3, 2021
Ask Carrie

College-Bound Student? It’s Time to Fill out the FAFSA®!

Don’t assume you won’t qualify for college financial aid; file the FAFSA® early to maximize your opportunities.
September 22, 2021
Ask Carrie

How Much Should You Save for Your Kids' College?

Most families don't pay the sticker price for college, but don't put off saving. Consider a 529—and start early.
May 26, 2021
Ask Carrie

College Ahead: How Can I Improve My Child’s Chances for Financial Aid?

Being strategic now can help increase your chances of securing college financial aid.
January 27, 2021
Ask Carrie

Baby On the Way: Are You Ready for Your New Financial Reality?

A new baby means a whole new financial reality. Best to be prepared—starting before the baby comes.
November 6, 2020
Ask Carrie

What's the Best Way to Set Up an Education Fund for My Grandchild?

Funding a grandchild's education can be complicated business. Be sure to consider all of your choices before making a decision.
February 21, 2020

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