Dallas Area Advisor to participate in National Jump-Start Your College Savings Days Hotline
Arlington Heights, IL (PRWEB) August 5, 2005
College costs are soaring and navigating the maze of financial aid can be overwhelming. So, KiplingerÂ?s Personal Finance magazine is partnering with the National Association of Personal Financial Advisors (NAPFA) to sponsor KiplingerÂ?s Jump-Start your College Savings DaysÂ?a chance to get free financial advice by telephone from the nationÂ?s premier financial advisors.
Â?ItÂ?s back to school time for students, so now is an ideal time for parents to focus on college planning. In some cases itÂ?s deciding the best place to save for children who wonÂ?t be concerned with college for ten or more years, in other situations parents of teens are zeroing in on the timing requirements for financial aid forms and more immediate sources of cash.Â? says KiplingerÂ?s Personal Finance editor Fred W. Frailey. Â?We want to help make sure people are on track, and sometimes the best way to do that is by talking directly with a financial expert.Â?
From 9 a.m. until 6 p.m. EST on two separate FridaysÂ?August 12 and August 26Â?NAPFA-Registered Financial Advisors will be standing by to answer peopleÂ?s most pressing college planning questions. Examples: Am I saving enough to pay for the college education I dream of for my child? Is my money invested properly? WhatÂ?s the difference between a 529 Plan and a CollegeSure CD? How do I calculate our Expected Family Contribution if weÂ?re hoping for some financial aid? This service is free for absolutely everyone.
NAPFA is the nationÂ?s leading organization of Fee-Only comprehensive financial advisors. NAPFA-Registered Financial Advisors must meet the highest professional education, competency and compensation standards. They are knowledgeable not just about college planning, but also insurance, estate planning, tax planning and retirement planning. NAPFA members do not sell investment or insurance products. Normally, the cost of their service ranges between $ 100 to $ 250 an hour.
�College planning is a major issue for many parents, regardless of age,� says NAPFA-Registered Financial Advisor John Gay, CFP® of Frisco Financial Planning in Frisco, Texas. �Client�s are confused by the choices available and many are concerned about trying to hit a moving target as tuition costs continue to climb.� �I look forward to the opportunity to help people who call in through the toll free hotline.�
The toll-free number to call during the Kiplinger Jump-Start Your Retirement Days is
1-888-919-2345. Additional information on this initiative and college planning ideas can be found in the upcoming September 2005 issue of KiplingerÂ?s Personal Finance.
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