More Articles for Your Family

Little-known ways to pay in-state tuition rates at out-of-state colleges

Staff Writer, Kiplinger's Personal Finance, and Kaitlin Pitsker •
Kiplinger

Families looking to trim college costs often steer their students toward public colleges in their home state instead of public colleges in another state or private institutions. Public colleges and universities typically charge two different tuition rates: one for state residents and another, much higher one for students from outside the state. The difference in

Read More...


8 great sites to help your kids learn about money

Wisebread.com and Ashley Eneriz •
Kiplinger

Teaching your children about money is an important, yet often overlooked area of education. Most kids will not want to sit through a lecture about credit card usage and budgeting practices, but they might be more willing to listen to interactive videos and games. These sites make learning about money and money management fun and

Read More...


Paying taxes on a home sold after a spouse’s death

Kimberly Lankford, Contributing Editor, and Kiplinger's Personal Finance •
Kiplinger

[question]My husband died last year, and I’m selling our home. Do I still get to exclude $500,000 of home-sale profits from taxes, or am I limited to the $250,000 exclusion for singles? [answer]Surviving spouses may exclude $500,000 of home-sale profits from taxes if they sell the house within two years of their spouse’s death, as

Read More...


What do I do with unused 529 plan money?

Kimberly Lankford, Contributing Editor, and Kiplinger's Personal Finance •
Kiplinger

I opened 529 college-savings accounts for both of my grandsons. One of them just won a four-year scholarship to college. If I don’t use the money for college expenses, do I have to pay a penalty? Generally, if you withdraw money from a 529 for anything other than eligible college expenses, the earnings portion of

Read More...