Looking for tuition bucks: plan ahead for the college financial-aid crunch

Article Abstract:

New financial strategies may help parents and grandparents to save more for a child's college tuition. State college savings plans, called 529 plans, give tax breaks to families who save up to $100,000 for a student's college expense. New federal financial-aid rules spell out how school-based administrators may evaluate student eligibility.

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Love & money: live-in couples figure the cost of family values

Article Abstract:

There is an increasing number of cohabiting, unmarried couples in the US, and one of the primary reasons two people may decide not to get married is because of the money they would lose. This loss may come in the form of tax penalties, loss of pensions and other benefits, or through probate laws.

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Watch for new rules on savings bonds

Article Abstract:

New rules for Series EE savings bonds are scheduled to go into effect in the spring of 1995. The rules primarily will involve the exchanging of the bonds' guaranteed minimum interest rate for a variable market rate, and may result in a higher return for short-term bondholders.

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