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This Bill Would Promote Financial Literacy for Thousands of Military Children

The Motley Fool

One approach to solving what some are calling a financial literacy crisis is to supplement the education that American children already receive. There is no federal government mandate requiring that public schools teach financial education concepts. territories. What comes next?

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4 Common 529 Plan Myths You Need to Know

The Motley Fool

So you may be motivated to save for college as best as you can while your children are young, and you may decide to use a 529 plan to fund their education. You can typically withdraw funds from a 529 plan to pay for educational supplies like computers and books, plus room and board at college.

Education 246
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This Simple Move Could Leave You $100,000 Richer

The Motley Fool

As of March 2024, 25 states guarantee that their students will take a financial literacy course prior to graduation, says Next Gen Personal Finance, a financial education nonprofit. So it's important to make sure your child has access to such education during young adulthood.

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Don't Ignore These 5 Essential Tax Breaks for Parents

The Motley Fool

American Opportunity Tax Credit (AOTC) The American Opportunity Tax Credit (AOTC) is an education tax credit that you may be eligible for if you paid for some of your child's higher education costs in 2023. You can use the credit to offset undergraduate education costs, like tuition, books, and supplies.

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3 Accounts You Should Set Up For Your Kids at Birth

The Motley Fool

This account can help you save for your child's future education expenses, including tuition, room and board, and even books and supplies, at any accredited college, university, or vocational school. Plus, withdrawals used for qualified education expenses are not taxed.

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Social Security's 2025 Cost-of-Living Adjustment (COLA) Looks Like Bad News and Worse News for Retirees

The Motley Fool

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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A Bull Market Is Coming: 2 Unstoppable Artificial Intelligence (AI) Stocks Up 114% and 219% in 2023 to Buy in 2024

The Motley Fool

Duolingo is using AI to transform language education Duolingo is the largest language education platform in the world. Its users complete 10 billion lessons every week so the company has more data with which to train its AI than any other education provider in the world. million monthly active users.

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