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.

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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

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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

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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

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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

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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

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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

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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

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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

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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