AP Wealth Management, LLC is here to better help you understand your finances with our Good Morning Arkansas TV Segments
4 Things Every Parent should consider before their child enrolls in College:
- Apply for FAFSA
- Look for state-sponsored and high school-sponsored scholarship opportunities, like the Arkansas Academic College Scholarship.
- Avoid taking money out of retirement accounts.
- Plan early, and apply to many colleges and scholarships.
Before taking distribution, you should:
- Understand IRS Rules
- Review Tax Consequences
- Build withdrawal strategy instead of reacting emotionally
