The Motley Fool

SEPTEMBER 5, 2024

For instance, retirees generally spend more on housing and medications and less on transportation and education. Put differently, from the perspective of retirees, the CPI-W puts too little emphasis on housing and medications and too much emphasis on transportation and education. Specifically, the CPI-W rose 3.1%

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The Motley Fool

FEBRUARY 26, 2024

The Lifetime Learning Credit The Lifetime Learning Credit is a credit that may apply to you if you paid for post-secondary education in 2023. As an example, if you spent $6,000 on education in 2023, you can claim 20%, or $1,200. If you spent $12,000, you can claim 20% of your first $10,000 in costs, or $2,000.

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The Motley Fool

OCTOBER 8, 2024

Image source: Getty Images If you're a millennial, you've likely heard your boomer parents (or even silent generation grandparents) tell stories about how they bought a house in their 20s, paid off their education, and still had enough left over in their checking account to vacation, send the kids to college, and even buy a second home.

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The Motley Fool

NOVEMBER 12, 2024

The biggest concern is that retired workers generally spend more on housing and medical care and less on education and transportation, compared to young people in the workforce. Education: 0.4% While the overall CPI-W increased 2.5% Housing: 4.3% Medical Care: 3.4%

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The Motley Fool

FEBRUARY 28, 2024

The educator expense deduction Teachers commonly dip into their own pockets to purchase classroom materials and supplies. As an educator, you're eligible to deduct up to $300 in such expenses on your 2023 tax return. If you're married to a fellow educator, you can each claim up to $300 for a maximum combined deduction of $600.

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The Motley Fool

JANUARY 24, 2024

Education tax credits Parents who are paying for their child's educational expenses may be eligible for either the American Opportunity Tax Credit (AOTC) or a Lifetime Learning Credit (LLC). You can use the credit to help pay for undergraduate tuition, as well as some other education-related expenses, like books and supplies.

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The Motley Fool

JUNE 10, 2024

Part of that was because I genuinely wanted to pursue higher education, but I also heard from basically all the adults in my life that college was necessary if I didn't want a low-paying job. Pursuing higher education can set your finances back for years.

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The Motley Fool

MARCH 6, 2024

Duolingo (NASDAQ: DUOL) operates the world's largest digital language education platform. Duolingo is transforming education An estimated 2 billion people are learning a foreign language worldwide. It already had a separate education app for math learners, and it also launched a music learning platform last year.

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The Motley Fool

MAY 3, 2024

But if your child goes directly from high school to college, that gives you roughly an 18-year window to build up an education fund. That might easily cover an in-state education or most of an out-of-state education (the average annual cost there is $23,630 for tuition and fees). And that's totally okay.

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The Motley Fool

MARCH 31, 2024

Education level Many auto insurance companies ask drivers about their highest level of education during the quote process. Drivers with higher levels of education are generally perceived to drive more safely and get into fewer accidents. This might seem bizarre, but it comes back to risk again.

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The Motley Fool

MARCH 17, 2024

Harness the power of 529 college savings plans New York's 529 College Savings Plan isn't just a vessel for educational dreams; it's also a tax-saving powerhouse. The beauty of this plan doesn't stop there: Earnings grow federally tax-deferred, and withdrawals for qualified education expenses are tax-free.

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The Motley Fool

OCTOBER 7, 2024

For instance, from the perspective of retired workers, the CPI-W underestimates the importance of housing and medical care, and overestimates the importance of child care, education, and transportation. The CPI-E has historically increased more quickly than the CPI-W. Unfortunately, that problem is repeating itself in 2024.

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The Motley Fool

APRIL 12, 2024

Research from The Motley Fool Ascent found that it costs about $310,000 to raise a child to age 17 -- that doesn't even include any money you might spend on higher education. Others are in school, or they run small businesses -- I even have a friend who does educational demonstrations to teach the lay public about reptiles!

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The Motley Fool

JULY 9, 2024

I'm saving for their education separately, and yes, I'm putting my retirement first. Granted, IRAs let you take penalty-free withdrawals for education, too. I have three kids I'd like to put through college. But I have my savings in a 401(k), and that option doesn't exist there.

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The Motley Fool

MARCH 19, 2024

529 education savings plan deductions 529 plans are the best way to save for college or other qualified education expenses with tax-advantaged investment growth. California does not allow any deduction of state and local taxes or property taxes from your state income tax return.

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The Motley Fool

OCTOBER 10, 2024

Most importantly, retirees generally spend more on housing and medical care, and less on food, education, and transportation, according to Alicia Munnell, director of the Center for Retirement Research at Boston College.

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Education 246

The Motley Fool

MAY 20, 2024

Bureau of Labor Statistics releases third-quarter inflation data later this year, so the SSA's estimates are simply an educated guess. That said, they are the most accurate educated guess available right now. We won't even know the true COLA for 2025 until the U.S. The state of the trust funds may also affect the future COLAs.

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The Motley Fool

AUGUST 31, 2024

This account lets you save for educational expenses, like tuition or housing. As long as you use funding in this account on qualified educational expenses, you won't have to pay taxes on your earnings. Instead, you have to sell the brokered CD on a secondary market, which could result in a gain (or loss).

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The Motley Fool

DECEMBER 24, 2023

Cultivating such a skill set often starts with a college education. For that reason, parents saving for a college education for their kid(s) should strongly consider the Vanguard S&P 500 ETF. He mentioned specific professions like doctors and lawyers, but his core message was that talent is always in demand.

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The Motley Fool

SEPTEMBER 4, 2024

Dan Otter is the founder of 403bwise.org, a not-for-profit website dedicated to educating teachers about retirement plans. Tell us a little bit about 403bwise.org and how it's a non-profit that is really dedicated to educating teachers about saving for retirement. For years, educators asked us. Dan Otter: Sure. It made me mad.

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The Motley Fool

APRIL 7, 2024

It disrupted traditional education software applications over the past few years by gamifying the experience with gems and rewards. Duolingo's stock isn't cheap at 132 times forward earnings, but its rapid growth, rising profits, and dominance of the online education market could all justify that higher valuation.

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The Motley Fool

AUGUST 7, 2024

Slavery was a huge influence, but so was segregation and the lingering effects that have held Black families back from opportunities to own homes, invest, get college educations, and achieve high-paying careers. How can you contribute to financial equitability?

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The Motley Fool

APRIL 27, 2024

For instance, Docebo was among the first education technology companies to weave generative AI into its platform. Docebo has earned a leadership position in the corporate learning management market through laser-focused innovation and differentiated products.

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The Motley Fool

NOVEMBER 7, 2024

The REIT also has a small educational portfolio, with 60 early childhood education centers and nine private schools, which it could sell in the future to help fund accretive new investments. It has sold $65.1 million of properties this year at a $16 million gain, including several vacant theaters.

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The Motley Fool

FEBRUARY 6, 2024

For one thing, you may be able to access investments and educational features that weren't available to you back then. Plus, your new IRA brokerage may offer better features, such as access to educational materials to help you invest. And this way, you won't forget that it exists come retirement.

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The Motley Fool

FEBRUARY 26, 2024

Prioritize needs and utilize resources for research Begin by clearly identifying your essential daycare needs, such as location, operating hours, educational philosophy, and staff qualifications. Parents have direct involvement in their child's daily care and education, ensuring care that aligns with their values and expectations.

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The Motley Fool

FEBRUARY 5, 2024

On the flip side, making educated guesses about a company's future is -- ultimately -- what investors do. As was already noted, though, investing is largely about making educated guesses and then taking a leap of faith. Factors that impact an organization's top and bottom lines are forever changing, and nobody owns a crystal ball.

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The Motley Fool

NOVEMBER 22, 2024

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning isn't exactly a fun thing to think about.

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The Motley Fool

NOVEMBER 17, 2024

We can apply that figure to the current situation to make an educated guess about the coming months. Here again, we can apply that figure to the current situation to make an educated guess about the coming months. Specifically, the current cycle began when the Federal Reserve lowered its benchmark rate by a half point on Sept.

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The Motley Fool

APRIL 7, 2024

Huang's educational and work background before starting Nvidia was in electrical engineering and semiconductor design, respectively. Nvidia has had only one CEO since its founding in 1993, co-founder Jensen Huang. The company went public in 1999. Qualitative Metric Cisco Systems Late 1990s Nvidia Now Run by a founder-CEO?

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The Motley Fool

NOVEMBER 28, 2024

So do yourself a favor and start educating yourself on Medicare before your retirement nears. The restriction relates to HSA contributions only. There's lots to know about Medicare, and some of that information may take some time to process. That way, you'll be more prepared to manage your healthcare costs, as well as the enrollment process.

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The Motley Fool

DECEMBER 3, 2024

How Social Security's annual COLAs are calculated The Consumer Price Index (CPI) measures inflation based on how prices change over time across eight major spending groups: food and beverages, housing, apparel, transportation, medical care, recreation, education and communication, and other goods and services.

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The Motley Fool

APRIL 21, 2024

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. A key component of financial management is estate planning, and a living trust is a popular choice to consider when deciding how to divide up your assets for the next generation.

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The Motley Fool

MAY 31, 2024

In exchange for a small fortune -- as of the 2022-2023 academic year, annual tuition and fees were in the neighborhood of $60,000 for Ivy League schools -- applicants are promised a top-notch education and the chance to land a well-paying job upon graduation. billion.

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The Motley Fool

SEPTEMBER 9, 2024

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. One of the toughest financial tasks you might have to tackle in your lifetime is deciding what becomes of your assets once you're no longer around.

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The Motley Fool

JULY 23, 2024

But if you expect the program's spousal benefits to be source of income for you in retirement, then it pays to educate yourself on how they work so you're able to go in prepared. Social Security is loaded with rules, and it can be tricky to keep track of all of them.

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The Motley Fool

OCTOBER 12, 2024

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. It's never a comfortable thing to think about estate planning. But it's an important thing to do nonetheless.

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