Saving for College or Retirement?

College and retirement are the twin financial towers for many families. Ideally you’d try to build both at the same time, but usually families find themselves forced to concentrate on just one or the other. Which one should take priority?

Your own convictions may lead to a natural choice,
but if you’re torn, your age is probably the most important variable to consider. The older you are, the more sense it makes to weight your savings toward retirement accounts because you’ll have less time to build your retirement savings after your kids are through with college. If you’ll be 591/2 or older while your child is in college, you may want to put the bulk of your savings into retirement accounts, such as IRAs or Keogh plans. That will let you take advantage of the tax deferred growth in those accounts, but because you’ll be old enough to make penalty-free withdrawals by that time, you’ll have the flexibility to tap the money for college costs if you choose to.

Maximizing contributions to a 401(k) plan with
your employer also makes sense, but unless you leave
your employer, you’ll have to tap the money through a
loan rather than an outright withdrawal.
■ If you leave your employer after age 55, you can then
withdraw the money without penalty.
■ If you leave before age 55, you can roll the money
over into an IRA, then withdraw it penalty-free after
age 591/2 (or earlier if it is part of a series of roughly
equal payments, determined by your life expectancy,
that lasts for at least five consecutive years and until
you’re 591/2).

Another plus for retirement accounts is that, at
most schools, they’re not taken into consideration
when determining your financial-aid eligibility.

If you’re relatively young, you might choose to save
more heavily toward college first, then concentrate on
retirement after your kids graduate from college. But

don’t ignore retirement savings entirely. If you have a
401(k) plan at work, for instance, contribute at least
enough to take full advantage of any employer match.

That free money is too good an offer to pass up. You
may even want to contribute up to the maximum, to
take advantage of the tax break that lets your account
grow tax-deferred, bearing in mind that you can borrow
the money later for college expenses.

In Keoghs, SEP–IRAs and some IRAs, your contribution
is tax-deductible, but you can’t borrow from
these plans, and there’s a 10% penalty for withdrawing
money before you reach age 591/2 (with the one exception
described above). So contribute to these only after
you’ve met your college savings goals.
Read More : Saving for College or Retirement?

Good place to studying christian in college

Where is the best place to learn about the Christian or Christian schools or rather Christian university? You can find easily a place to learn about Christianity on the Internet but which are often the recommendations are "Cincinnati christian college" because it already has a good reputation, well, teaching system and has great small classes. Most of their students have already successfully prepared for their secular life that begin Preparing for Life on a higher plane in Christian Living.

This school is good for seeking to earn a degree, or Preparing for personal Christian growth, because there are many choices to be there with a model school classes small so that each student will get personal attention and consideration. Clearly this is very good for your learning process and the maximization of the achievement.

You can learn as their courses offered and how the assessment of his grading system, degree requirements and student classification;

• Freshman: Students who have earned less than 32 semester hours
• Sophomore: Students who have earned 32-63 semester hours
• JUNIOR: Students who have earned 64-95 semester hours
• SENIOR: Students who have earned more than 95 semester hours

You can study in Cincinnati christian college by 2 ways of study system , Full Time / Part Time Students :

• Full-time students carry a class load of 12 or more credits hours per semester.
• Part Time students carry less than 12 credit hours per semester.

Library Information
Cincinnati Christian College maintains a library with sufficient volumes as required by the accrediting association. The books and other materials are classified according to the Dewey Decimal Classification System, ranging from generalities to geography / history. Students may also access classroom materials via the public libraries and the Internet. Students will have the privilege of using the college computers.

Its better for you to do comparation with another Christian colleges first as second opinion , before you register because you should find the best college degrees in demand as your aims to learn Christian in colleges.I wish the best of choice for you guys!!