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

Published: March 27, 2024, 11 a.m.

Clark has news for parents and grandparents saving for a child\u2019s 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.\n\n529 Plan Update: Segment 1\n\nAsk Clark: Segment 2\n\nUpside Down Vehicle Loans: Segment 3\n\nAsk Clark: Segment 4\n\n\nMentioned on the show:\n\nUse the 529 Grandparent Loophole to Maximize College Savings\n\nBest 529 College Savings Plans By State\n\nRollovers From a 529 Plan to Roth IRA: What to Know\n\nTarget Date Funds: Clark\u2019s Favorite Retirement Investment\n\nHow To Find and Choose a Financial Advisor\n\nCar values plummet, putting car loans underwater\n\nMore car owners are underwater on loans because of lower trade-in values\n\nWhat Is Gap Insurance? Definition, How It Works, When to Buy\n\nHow to Buy a Used Car in 7 Steps\n\n\nClark.com resources\n\nEpisode transcripts\n\nCommunity.Clark.com\n\nClark.com daily money newsletter\n\n\nConsumer Action Center Free Helpline: 636-492-5275\n\n\nLearn more about your ad choices: megaphone.fm/adchoices\nLearn more about your ad choices. Visit megaphone.fm/adchoices