03.27.24 Saving For College: 529 Plan Update / Upside Down Car Loans

Clark has news for parents and grandparents saving for a child’s college education. Also in this episode, reversals in the auto industry are landing many existing car loans underwater. What to do if you are upside down in a car loan.

• 529 Plan Update: Segment 1
• Ask Clark: Segment 2
• Upside Down Vehicle Loans: Segment 3
• Ask Clark: Segment 4

Mentioned on the show:

• Use the 529 Grandparent Loophole to Maximize College Savings
• Best 529 College Savings Plans By State
• Rollovers From a 529 Plan to Roth IRA: What to Know
• Target Date Funds: Clark’s Favorite Retirement Investment
• How To Find and Choose a Financial Advisor
• Car values plummet, putting car loans underwater
• More car owners are underwater on loans because of lower trade-in values
• What Is Gap Insurance? Definition, How It Works, When to Buy
• How to Buy a Used Car in 7 Steps

Clark.com resources

• Episode transcripts
• Community.Clark.com
• Clark.com daily money newsletter
• Consumer Action Center Free Helpline: 636-492-5275

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