MPI Ohio Chapter’s Post

November 5th 2024 will undoubtedly go down in history. As owners, educators, principals, and administrators, we are standing on the edge of profound change in how we approach education. Yet, for many in this field, the burden of delayed payments, financial strain, complex contracts, milestones, attendance, and behavioral challenges can cloud our vision. Often, we spend much of our time redirecting students and working with parents, all while wrestling with the realities of admin responsibilities . I want to encourage every educator, administrator, and school owner who answered the call to serve in education to remember this: education isn’t just a job, and it’s certainly not one we pursue for the paycheck. It’s a calling, a purpose we answer with dedication and sacrifice.   Now, it’s time to answer a new call. I write this message at 1:48 a.m. on Election Day, a day when many of us are preparing to exercise our right to vote. As we do, I urge you to think about the students we serve and remember our calling to go beyond politics, to address the deeper issues awaiting us.   No matter which side of the aisle you stand on, I pray for your strength and courage and wisdom today. Remember, America will be great again because in God, we trust. Amid all the pressures, let’s hold onto hope that, like gold refined in fire, we will emerge from this season stronger and more resilient.   Everything we endure as administrators and educators is preparing us for something greater. This is your moment to become more creative, more innovative, and to find freedom in how you approach your work. Don’t miss it—this is a time to rise, to lead, and to shape a brighter future for our students and for ourselves. Thank you for your service, your sacrifice, and your commitment to a cause far greater than ourselves.   Let’s move forward together, with purpose and hope.

Do you have children just starting their new school year? Have you planned for what comes after their high school education? It's never too early to start saving for college or any other post-secondary training they choose! The IRS supports what is called a Qualified Tuition Program which gives you the option to choose between a tax-advantaged savings account or prepaid tuition at the chosen eligible institute. Depending on the structure of your chosen plan, a QTP allows for future withdrawals to pay for tuition, fees, books, required technology, and room and board without being taxed at a federal level. Don't let paying for college become a seemingly insurmountable hurdle later on. Give The Morrison Firm staff a call at (903) 251-5100 and let us assist you with financially planning for your children's future! #planningforthefuture #childrensfuture #collegeeducation #collegetuition #texaseducation #qualifiedtuitionprogram #529plans #IRS #financialplanning #accountingservices #themorrisonfirm For more info from the IRS regarding this program, visit: https://lnkd.in/dXCRD4K

This holiday season, give the gift of education by contributing to a 529 education savings plan. There is no annual contribution limit, but there is a maximum lifetime limit that varies by state. Click here to learn more. https://bit.ly/3EZIzK3

Let's talk 529 plans! 529 plans are a smart and tax-advantaged way to save for college. With a 529 plan, you can provide them with the gift of education and set them on the path to success. Learn more at https://hubs.la/Q02vCGjM0

Choosing the right savings plan can make a big difference in your child’s future. Should you go with a Coverdell Education Savings Account or a 529 Plan? 🤔 Discover the pros and cons of each and find out which one is best for your family in our latest blog post! 👇️ Read More: https://lnkd.in/g4fYH2_T

Today, we celebrate the power of education savings plans like 529s! Whether you're planning for your children's Ivy League education, specialized training programs or any other educational pursuits, a 529 plan offers unparalleled benefits for high-net-worth individuals. Maximize tax advantages and grow your education funds with strategic financial planning. Secure your legacy and empower future generations through the gift of education. 💡💰 #529Day #EducationSavings #LegacyPlanning

We often have proud grandparents ask us how they can help their grandchild's education. Did you know that there are several ways that you can help your grandchildren build a strong financial foundation? Contact us today at 416.296.2627 to discuss if an outright gift, RESP, or trust is a worthwhile financial planning strategy to help your grandchildren. #FinancialFreedom #TotalWealthPlanning #Investments #RESP #Trusts #Gifting #

Did you know you can give the gift of education this holiday season? A 529 Education Savings Plan is not just a thoughtful present—it’s a game-changer. Instead of traditional gifts, consider helping loved ones invest in their future with a contribution toward education costs. Here's why it's such a powerful option: Key Benefits: ✔ Tax Advantages: Contributions grow tax-free and withdrawals are tax-free for qualified education expenses. ✔ High Contribution Limits: These plans accommodate significant investments without income restrictions. ✔ Flexibility: Funds can be used for various educational costs, including tuition, books, and housing. ✔ Future Focused: Helps reduce future student debt, offering a lasting impact beyond a single holiday. Why It Matters: Education costs are rising, and families often face tough financial decisions. A 529 plan contribution not only supports a child’s dreams but also fosters long-term financial stability. It’s a gift that says, “I believe in your future.” Take the opportunity to lead the conversation about meaningful gifting this season. Whether you're a parent, grandparent, or family friend, your contribution can make a world of difference. #EducationMatters #529Savings #FinancialPlanning #HolidayGifts #SmartInvesting

No matter how much you plan to save long-term for college tuition, there are many ways you can minimize your tax burden while enjoying maximum returns. A 529 plan is a great option for many people who want to give the gift of a debt-free education to a friend or family member. However, other options exist as well. We recognize that every family is different and everyone has a unique financial vision for their future. Our professionals can help you choose the right education planning approach so you can give the gift that truly keeps on giving. https://lnkd.in/gdVPBHdR #ThiesenDueker #CollegeSavingsMonth

🎓 Now is the time to start saving for college. At Callaway Financial, we offer tailored strategies to help you prepare financially for your child's education. 529 Plans: 📚 These state-sponsored plans allow your savings to grow tax-free and withdrawals for qualified educational expenses are also tax-free. They offer flexibility in choosing schools nationwide. Tax Advantages: 💸 Contributions to 529 plans are made with post-tax income, but the growth and withdrawals for education are tax-free. This can significantly enhance your savings over time. Family Contributions: 👨👩👦 Grandparents and other relatives can contribute, making it a collaborative effort to secure your child's future. Flexibility: 📖 529 plans can cover more than just tuition. Use them for room, board, books, and other educational expenses. Start now to give your child the gift of a debt-free education. At Callaway Financial, we are here to guide you. Let's discuss your options. #CollegeSavings #529Plans #EducationPlanning #FinancialSecurity #CallawayFinancial