What is our best strategy paying for college while saving for retirement?
What is our best strategy paying for college while saving for retirement?
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Michael's appearances on National Media
Education Planning: Tax-advantaged education savings accounts, such as 529 plans, remained valuable tools for funding education expenses while potentially reducing tax liability.
Education Funding Timeline: Plan the timing of your education funding to align with your tax strategy. This may involve spreading out qualified education expenses over multiple tax years to maximize the benefits of education credits.
Education Tax Credits: Take advantage of education tax credits like the American Opportunity Credit or the Lifetime Learning Credit, as these remained in place. These credits can help offset the costs of higher education for yourself, your spouse, or your dependents.
Education Funding and Financial Planning: Create a comprehensive financial plan that incorporates education funding goals alongside other financial objectives, such as retirement planning and debt management. Cash Flow is King!
Roth IRA Withdrawals: Roth IRA withdrawals can still be used for education expenses without incurring the typical early withdrawal penalties. However, this should be done cautiously, as it may impact retirement savings.
Consider Educational Tax Professionals: If your financial situation is complex, consider working with tax professionals who specialize in education tax planning. They can help you navigate the various credits, deductions, and strategies available to help reduct the overall cost.
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CrowdFunding Real Estate Investments
"Unlocking Wealth: Crowdfunding Real Estate with Financial Expert Michael JP Fitzgerald, CPA/PFS, CFP, MsTAX, Certified Crowd Funding Professional
Prepare to be inspired and informed as we present Michael JP Fitzgerald, a distinguished CPA/PFS, CFP, MsTAX, and Certified Crowd Funding Professional, as the keynote speaker for our exclusive event on "Crowdfunding Real Estate." With a wealth of expertise and a passion for empowering individuals to replace Cash Flo
"The 2BCollegeFunded Show" is an engaging and inspiring reality TV show that explores the power of crowdfunding to make higher education dreams a reality. In a world where the cost of college education continues to rise, this show shines a spotlight on students and their families who turn to crowdfunding platforms to fund their educational aspirations.
Each episode of "The 2BCollegeFunded Show" follows the heartfelt journeys of aspiring college students from diverse backgrounds.
"College Funded: Illuminating Pathways to Higher Education Affordability"
In today's rapidly evolving world, access to higher education has become a critical cornerstone for individuals striving to unlock their full potential and achieve their dreams. Yet, the soaring costs associated with college and university education have placed a formidable financial burden on students and their families. The path to higher education can often seem shrouded in uncertainty, but there is hope - College Funded
Michael is the author of over 20 Books
Featured on the front cover of Financial Planning Magazine - Expert in Real Estate Investor Taxes
Unlocking the Potential of Tax Efficiency
In an industry where every dollar saved is a dollar earned, this feature is a testament to the expert's dedication to unlocking the full potential of tax efficiency for real estate investors. Their insights are not only reshaping the way professionals approach tax planning but also opening doors for investors to achieve greater real estate financial success.
Forbes Magazine, the leading authority on financial and business matters, recently featured the exceptional financial expert, Michael JP Fitzgerald, CPA/PFS, CFP, MsTAX, CCFP, CCFS. In an exclusive article, Forbes Magazine delves into Mr. Fitzgerald's groundbreaking program that unveils the secret to achieving financial independence and retiring within a remarkable 5-year timeframe.
Unlocking the Path to Financial Freedom
In a world where traditional retirement planning often spans decades.
A Comprehensive Resource for Families
"The Book on College Funding Series" is more than just a series of books; it's a comprehensive resource designed to empower families with the knowledge and tools needed to make informed decisions about higher education financing. Each part of the series is meticulously researched and expertly written, offering practical advice, real-life examples, and actionable steps that families can implement immediately.
Empowering Families for Educational Success
Michael JP Fitzgerald, CPA/PFS, CFP, MsTAX, CCFP, Certified College Funding Specialist Author
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