There are several states that have scholarships or grant programs for students. Last year, I learned about one in Indiana that I wanted to highlight - 21st Century Scholars.
The scholarship is worth up to 100% tuition for four years at an eligible Indiana college or university. Students can apply from the time they enter 7th grade to June 30th of their 8th-grade year. Children in foster care can apply after the 8th grade. There are several requirements to be enrolled in the program. One of the more notable ones is an income requirement. For example, for a household of 4, the maximum annual income is $49,025. There are more lenient requirements if the student is in foster care or in legal guardianship. You can see more information about the requirements here.
There are certain qualifications the students have to meet once enrolled- graduate high school with a certain GPA, no illegal drugs or alcohol etc. but for those students that meet the qualifications, it can obviously be a very beneficial program to be a part of.
21st Century Scholars is one program that Indiana has but I know there are other programs out there. If you have children and are looking for assistance for education costs (college or even starting at pre-school) it is worth taking a look at your state to see if there are any programs that you qualify for.
Update: This article was updated to reflect that children in foster care can apply after the 8th grade and that there are more lenient requirements if the student is in foster care or in legal guardianship.
IRA Help - 5 Ways An Excess IRA Contribution Can Happen
IRA Help details several ways someone may accidentally overcontribute to an IRA. Quick note: they mention that there are no income limits to contribute to a Traditional IRA. There are other qualifications though and there may be income limits to take your contribution to the Traditional IRA as a deduction depending on if you or your spouse are covered by a retirement plan.
Thank you for reading!