APNewsBreak: Catholic hospital acknowledges error


DENVER (AP) — A Catholic hospital on Monday acknowledged it was "morally wrong" for its attorneys to argue in court that a fetus is not a human being under Colorado law.


The admission comes after executives of Catholic Healthcare Initiatives met with Colorado's Roman Catholic bishops to discuss its defense in a wrongful death lawsuit filed after a mother and her unborn twins died in the emergency room of St Thomas More Medical Center in Canon City in 2006.


Disclosure of the hospital's successful legal arguments last month drew sharp criticism because they appeared to contradict church doctrine that life begins at conception. Colorado's bishops vowed to review the case. Catholic Healthcare Initiatives operates Thomas More and dozens of other Catholic hospitals.


In joint statements released Monday morning, the Bishops and CHI said the operation was "unaware" of the lawyers' legal arguments. They said that CHI executives acknowledged "it was morally wrong" to make that contention because it "directly contradicts the moral teachings of the Church."


The statements also noted that, while the legal status of the fetus was key to getting the case dismissed before trial, the hospital also won on appeal by arguing there was no proof that medical error caused the fetuses' deaths. The father of the unborn children is asking the Colorado Supreme Court to hear the case.


The Bishops and CHI extended their condolences to the family. They also pledged to pursue stronger legal protections for unborn children.


"Catholic healthcare institutions are, and should, be held to the high standard of Jesus Christ himself, who is our divine and eternal healer," said the Bishops' statement.


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NFL: Beyonce not the cause of Super Bowl blackout


NEW YORK (AP) — Don't blame Beyonce for blowing the lights out at the Super Bowl.


NFL Commissioner Roger Goodell said Monday that the halftime show was not the cause of the power outage that darkened the Superdome for half an hour during Sunday's broadcast.


"There's no indication at all that this was caused by the halftime show. Absolutely not. I know that's been out there that this halftime show had something to do with it. That is not the case," Goodell said.


Beyonce was the halftime performer at Sunday night's game and used plenty of power to light up the stage. Some had joked that her electrifying performance was to blame for the outage.


But the halftime show was running on its own generator, said Goodell and Doug Thornton, a vice president of SMG, the company that manages the Superdome.


"It was not on our power grid at all," Thornton said, adding that the metered power consumption went down during halftime because the house lights were down.


Beyonce's 13-minute set included hits "Crazy in Love," ''Single Ladies (Put a Ring on It)" and a Destiny's Child reunion.


The energetic performance was sung live days after she admitted she sang to a pre-recorded track at President Barack Obama's inauguration. And it won applause from critics who called it a major improvement over Madonna, who sang to a backing track last year, and the Black Eyed Peas' much-criticized halftime show in 2011.


Afterward, Beyonce announced "The Mrs. Carter Show World Tour" will kick off April 15 in Belgrade, Serbia. The European leg of the tour will wrap up May 29 in Stockholm, Sweden.


The tour's North American stint starts June 28 in Los Angeles and ends Aug. 3 in Brooklyn, N.Y., at the Barclays Center.


It was also announced Monday that a second wave of the tour is planned for Latin America, Australia and Asia later this year.


___


Brett Martell contributed to this report from New Orleans.


___


Online:


http://www.beyonceonline.com/us/home


___


Follow Mesfin Fekadu on Twitter at http://twitter.com/MusicMesfin


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Gas takes biggest bite of income in 30 years









Fuel costs are taking a big bite out of household budgets, according to separate reports Monday from the Energy Department and from the Union of Concerned Scientists.


The Energy Department says U.S. households spent an average of $2,912 on gasoline, or almost 4% of their pretax income, the highest percentage in 30 years.


That's despite the fact that Americans consumed less fuel in 2012 for a variety of reasons, including more efficient driving habits and higher-mileage vehicles.





PHOTOS: Best car values for fuel economy


"The effect of the higher prices in 2011 and 2012 outweighed the effect of reduced consumption," the Energy Department said.


In fact, researchers at the University of Michigan said Monday that the average fuel economy for new vehicles sold in the U.S. reached a record 24.5 mpg in January -- up 0.4 mpg from a revised figure for December.


Meanwhile, the Union of Concerned Scientists reported that most Americans "are likely to spend almost as much on gasoline over the life of their vehicle as its original cost."


“You’re basically paying for a second car every 15 years. The only thing really benefiting from your oil use is oil companies' bottom line," said Joshua Goldman, the report’s author and a policy analyst for the advocacy group.


ALSO:

Top 10 cars most likely to be collector's items


U.S. automakers enjoyed big sales gains in January


Toyota, Ford, Honda rank highest in Consumer Reports survey





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Super Bowl 2013: It's Harbaugh, Harbaugh, Harbaugh









Everybody joked that Super Bowl XLVII on Sunday should be known as the Bros Bowl, the Harbowl, the Super Bros Bowl and the Super Baugh (yes, you have to think about the pronunciation a bit on the last one) in recognition of the San Francisco 49ers' Jim Harbaugh and the Baltimore Ravens' John Harbaugh as the first brothers to meet as coaches in the NFL's championship game.


They're not twins. John is older by 15 months.


Aside from Ravens linebacker Ray Lewis playing in the final game of his storied 17-year career and the debate over which quarterbacking style -- the dual-threat play of the 49ers' Colin Kaepernick or the pro-type pocket passing of the Ravens' Joe Flacco -- will win the day, it's been mostly about the Harbaugh family in the week leading up to Super Bowl XLVII.





Well, that and 49ers cornerback Chris Culliver opening his mouth and swallowing his leg with his anti-gay remarks.


Here are some pearls of wisdom and wit from the Harbaugh family this week:


“They asked me to come on and deliver a positive message to the youth," Jim said of his appearance many years ago on the TV show Saved by the Bell. "And for that I’ve been scorned and humiliated.”


“I think even I liked Jim more than me growing up," John said. "I wouldn’t be surprised if [our parents] did.”


“If President Obama feels that way," Jim said of the president doubting whether he'd let a son play football, "then there will be a little less competition for Jack Harbaugh when he gets older. That’s the first thing that jumps into my mind."


"I have to say that most of the time I won," John said of competing against Jim. "I was older in all honesty. I won most of the battles early. He will probably refute that. We had a lot of arguments over it"


“I could make something up," Jim said when addressing the media during a round of interviews, "But I’d be making it up. What do you want me to say and we can save you some time and put it right in your story.”


On a more serious note, the Harbaugh patriarch was more reflective.


“The one thing that I do think about is after the game there’s going to be one winner and there’s going to be one that’s going to be totally disappointed,” said Jack Harbaugh. “And my thoughts go to that one [who] will not experience the thrill of victory.


Of course, it isn't all about the Harbaughs. Flacco's father, Steve, got off one of the best lines when describing his son: “Joe is dull. As dull as he is portrayed in the media, he’s that dull. He is dull.”


Here are some other non-Harbaugh nuggets:


“If you want a Super Bowl, put a retractable dome on your stadium,” said Joe Flacco, who is not a fan of playing for the NFL title in a cold-weather city like New York in 2014.


“I may have been catfished once or twice,” Lewis said when discussing the Manti Te'o girlfriend hoax.


"Now that I’m older, I do think I’m the greatest receiver to ever do it," the 49ers' Randy Moss said of his place in NFL history. "I don’t really live on numbers, I really live on impact and what you’re able to do out on the field. I really think I’m the greatest receiver to ever play this game."


ALSO:


Bill Plaschke: No one should forget about Doug Williams


Bill Parcells, six others elected to Pro Football Hall of Fame


49ers' Chris Culliver to get sensitivity training after anti-gay remarks





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Hackers target Twitter, could affect 250,000 user accounts


SAN FRANCISCO (Reuters) - Anonymous hackers attacked Twitter this week and may have gained access to passwords and other information for as many as 250,000 user accounts, the microblog revealed late on Friday.


Twitter said in a blog post that the passwords were encrypted and that it had already reset them as a "precautionary measure," and that it was in the process of notifying affected users.


The blog post noted recent revelations of large-scale cyber attacks against the New York Times and the Wall Street Journal, but unlike the two news organizations, Twitter did not provide any detail on the origin or methodology of the attacks.


"This attack was not the work of amateurs, and we do not believe it was an isolated incident," Twitter said. "The attackers were extremely sophisticated, and we believe other companies and organizations have also been recently similarly attacked."


Privately held Twitter, which has 200 million active monthly users, said it was working with government and federal law enforcement officials to track down the attackers.


The company did not specifically link the attacks to China in the blog post, in contrast to the New York Times and the Wall Street Journal, which both said the hackers originated in China.


Twitter, the social network known for its 140-character messages, could not speculate on the origin of the attacks as its investigation was ongoing, said spokesman Jim Prosser.


"There is no evidence right now that would indicate that passwords were compromised," said Prosser.


The attack is not the first time that hackers have breached Twitter's systems and gained access to Twitter user information. Twitter signed a consent decree with the Federal Trade Commission in 2010, subjecting the company to 10 years of independent privacy reviews, for failing to safeguard users' personal information.


(Reporting by Alexei Oreskovic; Editing by Gary Hill and Lisa Shumaker)



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What comes now for NFL after tumultuous season?


NEW ORLEANS (AP) — The Super Bowl closes a tumultuous year for the NFL.


Suicides by former NFL players. Thousands of others filing concussion lawsuits. New studies linking football to brain disease. Still no testing for human growth hormone. The specter of other purported performance-enhancing products — deer-antler spray, anyone? — being peddled to players.


A pay-for-pain bounty scandal. A lockout of officials resolved only after a ludicrous game-ending call. Zero minority hires for 15 coach or general manager openings.


And yet the league is as popular as ever.


Advertisers paid nearly $4 million per 30-second television commercial for the right to reach the 100 million or so Americans expected to tune in to Sunday's Super Bowl between the AFC champion Baltimore Ravens and NFC champion San Francisco 49ers. Eleven of the 12 most-watched TV programs during the last 2½ years were NFL postseason games, according to the league.


Uncertain, though, is what the future holds for an NFL still coming to grips with the dangers of a brutal sport that makes it tremendously wealthy.


"The game has changed and keeps changing. ... It is such a violent game, and such a collision game, that careers are going to be kind of like not long at all. Because you take those licks — you've only got so many in your body, and at some point that's going to wear it out," said Ravens running backs coach Wilbert Montgomery, who played that position for the Philadelphia Eagles and Detroit Lions from 1977-85.


Montgomery said he got six concussions in one season alone, and others along the way, including one that knocked him out cold a few days before playing for the Eagles in the NFC title game at the end of the 1980 season.


"I know one thing: Back then, it didn't make any difference. They gave you smelling salts and then, after that, you went back in," Montgomery said. "I have headaches all the time. That's why I say my wife is always messing with me when I have outbursts, saying, 'You've been hit too many times upside the head.'"


Montgomery laughed for a moment. Then he rubbed his forehead and continued talking, mentioning former teammate and friend Andre Waters and opponent Dave Duerson. Both committed suicide; researchers studied their brain tissue and found signs of chronic traumatic encephalopathy, or CTE, a degenerative disease also found in boxers and often linked with repeated blows to the head. Former star linebacker Junior Seau, who shot himself in May, also was found to have CTE. Baltimore's starting center on Sunday, Matt Birk, has pledged to donate his brain for study when he dies.


"It's a serious thing," Montgomery said. "It's scary."


When the President of the United States refers to fans perhaps having a guilty conscience when watching a game and parents thinking twice before allowing a child to play — as Barack Obama did in a recent interview with The New Republic — it sends a strong signal about what confronts the NFL today.


"If I was worried about my health," 49ers quarterback Colin Kaepernick said, "I wouldn't be playing football."


So the league must figure out how to deal with "walking a fine line," as 49ers CEO Jed York described it: The two-sided task of making the game safer, which Commissioner Roger Goodell acknowledges is imperative, while not making it "too safe," thereby diminishing the popularity of an enterprise that is violent by its very nature.


"There's no question that that is a bit of a conundrum. But to me, we've got to place more weight on player safety," New York Giants co-owner John Mara said. "The rules changes that we've implemented over the past five or six years have not made the game any less exciting. If anything, the game is as exciting as ever, and I strongly believe that we can make additional improvements in the rules and we're not going to lose anything in terms of excitement on the field."


Ravens owner Steve Bisciotti is convinced the NFL will strike the proper balance.


"What did they do for boxing when they made them go from 6-ounce, to 8-ounce to 12-ounce gloves or whatever? Did it change boxing? Not really," Bisciotti said. "I believe that with every change, there will be a correction. ... And I believe that we as a league and the (players' union) will agree on things that don't take football out of football."


In a series of moves that began shortly after Goodell was grilled at a congressional hearing, the league has changed concussion return-to-play guidelines, adjusted rules for kickoffs — and floated the idea of eliminating them altogether — stepped up punishment of illegal hits, and stopped arguing against the players' wish for independent neurology specialists on the sidelines during games.


Even if there are some players who in one breath worry about whether their health is imperiled, and in the next say, "We're basically going to be playing two-hand touch in a while" — Baltimore nose tackle Terrence Cody's words this week — the head of their union points out that prudence and popularity do not have to be mutually exclusive.


"The reality of it is, 'football as we know it' has evolved over decades. ... Our job is to have an unqualified commitment to the health and safety of the people who play the game, and then to make those changes where we see necessary," NFL Players Association executive director DeMaurice Smith said.


"I don't think there is this thing of 'football as we know it.' What we have is football that has constantly developed," Smith said. "And even with all of the (recent) rule changes ... my guess is this Super Bowl will be the highest-rated of all time."


Indeed, while the concussion lawsuits mount — a U.S. District Court judge in Philadelphia will hear oral arguments in April on the NFL's effort to dismiss a group of cases — and questions arise about what insurers will charge the league moving forward, the money does keep rolling in. Revenues already topped $9 billion at the time of the last labor deal in 2011, and new TV contracts will only help increase it.


"At $10-to-$12 billion? It ain't going nowhere," said Warren Sapp, a retired defensive tackle elected Saturday to the Pro Football Hall of Fame and who now works for the NFL Network, another piece of the league's marketing machine. "We play a beautiful game. We hit each other. (Players) have to take care of each other better. Then it will be fine."


Meantime, the NFL continues to look for new ways to increase its cash flow.


During his state of the league address two days before the Super Bowl, Goodell did not rule out increasing the regular season from 16 to 18 games, and he reiterated the possibility of expanding the postseason, too. He announced that two 2013 games in London already are sold out, and there could be three in future seasons — down a path that, eventually, could lead to a franchise based in Britain.


"For you to be adding games to the season, are you looking out for player safety? Or are you trying to generate more player revenue?" 49ers receiver Randy Moss said. "If you're trying to look and protect the players, and keep it healthier and better every year, I don't think it's a good idea."


Several players in this year's Super Bowl were incredulous that the league would even consider more games. A handful voiced concern over a disconnect between players and owners.


The president of the NFLPA, former Ravens cornerback Domonique Foxworth, said he wonders how truthful Goodell and other NFL officials are being when they say — as they often do — that players' well-being is a priority.


"The league, their No. 1 focus — at least they say their No. 1 focus — is health and safety. And we say our No. 1 focus is health and safety. How come we have such a hard time moving the ball on some health and safety issues?" Foxworth said. "I believe health and safety is on their list of top five things, but it comes in well behind increasing the bottom line."


___


Follow Howard Fendrich on Twitter at http://twitter.com/HowardFendrich


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Stevie Wonder headlines pre-Super Bowl concert






NEW ORLEANS (AP) — Applause and approval greeted Stevie Wonder as thousands stood for hours to hear his pre-Super Bowl concert that also featured guitarist Gary Clark Jr.


Escorted on stage late Saturday by his daughter and backup singer Aisha Morris, Wonder performed several of his hits, including his opening song, “How Sweet It Is (To Be Loved By You).”






That was followed by “Master Blaster,” Michael Jackson‘s “The Way You Make Me Feel,” and Wonder‘s own “Higher Ground.”


The 62-year-old Rock and Roll Hall of Fame member headlined the event outdoor event held near the Wyndham Riverfront Hotel on the eve of Sunday’s game between the Baltimore Ravens and the San Francisco 49ers.


Thousands packed a tent set up on a parking lot across the street from the hotel to hear Wonder, Clark, R&B artist Janelle Monae and DJ Martin Solveig.


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New rules aim to get rid of junk foods in schools


WASHINGTON (AP) — Most candy, high-calorie drinks and greasy meals could soon be on a food blacklist in the nation's schools.


For the first time, the government is proposing broad new standards to make sure all foods sold in schools are more healthful.


Under the new rules the Agriculture Department proposed Friday, foods like fatty chips, snack cakes, nachos and mozzarella sticks would be taken out of lunch lines and vending machines. In their place would be foods like baked chips, trail mix, diet sodas, lower-calorie sports drinks and low-fat hamburgers.


The rules, required under a child nutrition law passed by Congress in 2010, are part of the government's effort to combat childhood obesity. While many schools already have improved their lunch menus and vending machine choices, others still are selling high-fat, high-calorie foods.


Under the proposal, the Agriculture Department would set fat, calorie, sugar and sodium limits on almost all foods sold in schools. Current standards already regulate the nutritional content of school breakfasts and lunches that are subsidized by the federal government, but most lunchrooms also have "a la carte" lines that sell other foods. Food sold through vending machines and in other ways outside the lunchroom has never before been federally regulated.


"Parents and teachers work hard to instill healthy eating habits in our kids, and these efforts should be supported when kids walk through the schoolhouse door," Agriculture Secretary Tom Vilsack said.


Most snacks sold in school would have to have less than 200 calories. Elementary and middle schools could sell only water, low-fat milk or 100 percent fruit or vegetable juice. High schools could sell some sports drinks, diet sodas and iced teas, but the calories would be limited. Drinks would be limited to 12-ounce portions in middle schools and to 8-ounce portions in elementary schools.


The standards will cover vending machines, the "a la carte" lunch lines, snack bars and any other foods regularly sold around school. They would not apply to in-school fundraisers or bake sales, though states have the power to regulate them. The new guidelines also would not apply to after-school concessions at school games or theater events, goodies brought from home for classroom celebrations, or anything students bring for their own personal consumption.


The new rules are the latest in a long list of changes designed to make foods served in schools more healthful and accessible. Nutritional guidelines for the subsidized lunches were revised last year and put in place last fall. The 2010 child nutrition law also provided more money for schools to serve free and reduced-cost lunches and required more meals to be served to hungry kids.


Sen. Tom Harkin, D-Iowa, has been working for two decades to take junk foods out of schools. He calls the availability of unhealthful foods around campus a "loophole" that undermines the taxpayer money that helps pay for the healthier subsidized lunches.


"USDA's proposed nutrition standards are a critical step in closing that loophole and in ensuring that our schools are places that nurture not just the minds of American children but their bodies as well," Harkin said.


Last year's rules faced criticism from some conservatives, including some Republicans in Congress, who said the government shouldn't be telling kids what to eat. Mindful of that backlash, the Agriculture Department exempted in-school fundraisers from federal regulation and proposed different options for some parts of the rule, including the calorie limits for drinks in high schools, which would be limited to either 60 calories or 75 calories in a 12-ounce portion.


The department also has shown a willingness to work with schools to resolve complaints that some new requirements are hard to meet. Last year, for example, the government relaxed some limits on meats and grains in subsidized lunches after school nutritionists said they weren't working.


Schools, the food industry, interest groups and other critics or supporters of the new proposal will have 60 days to comment and suggest changes. A final rule could be in place as soon as the 2014 school year.


Margo Wootan, a nutrition lobbyist for the Center for Science in the Public Interest, said surveys by her organization show that most parents want changes in the lunchroom.


"Parents aren't going to have to worry that kids are using their lunch money to buy candy bars and a Gatorade instead of a healthy school lunch," she said.


The food industry has been onboard with many of the changes, and several companies worked with Congress on the child nutrition law two years ago. Major beverage companies have already agreed to take the most caloric sodas out of schools. But those same companies, including Coca-Cola and PepsiCo, also sell many of the non-soda options, like sports drinks, and have lobbied to keep them in vending machines.


A spokeswoman for the American Beverage Association, which represents the soda companies, says they already have greatly reduced the number of calories that kids are consuming at school by pulling out the high-calorie sodas.


___


Follow Mary Clare Jalonick on Twitter at http://twitter.com/mcjalonick


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Stevie Wonder headlines pre-Super Bowl concert


NEW ORLEANS (AP) — Applause and approval greeted Stevie Wonder as thousands stood for hours to hear his pre-Super Bowl concert that also featured guitarist Gary Clark Jr.


Escorted on stage late Saturday by his daughter and backup singer Aisha Morris, Wonder performed several of his hits, including his opening song, "How Sweet It Is (To Be Loved By You)."


That was followed by "Master Blaster," Michael Jackson's "The Way You Make Me Feel," and Wonder's own "Higher Ground."


The 62-year-old Rock and Roll Hall of Fame member headlined the event outdoor event held near the Wyndham Riverfront Hotel on the eve of Sunday's game between the Baltimore Ravens and the San Francisco 49ers.


Thousands packed a tent set up on a parking lot across the street from the hotel to hear Wonder, Clark, R&B artist Janelle Monae and DJ Martin Solveig.


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Never too early to plan for college expenses








Look at your cute baby, and imagine the little tyke wearing a high school cap and gown about 17 years from now.


Picturing the child holding a diploma, when he or she can't even hold a rattle yet, is probably next to impossible. But that day will come. And if you are like most parents, as you watch junior walk across the stage to pick up a diploma, you will be vacillating between feelings of pride and utter fear. At that point, your child will be headed to college, and the price tag will be so shocking you'll be tossing and turning at night.


If college prices continue to climb as they have the past few years, by the time today's newborns go to college, the sticker price will be about $37,700 for one year of tuition, room and board at a state university and $98,200 at a private college, said Kalman Chany, a college financial aid consultant and author of "Paying for College Without Going Broke." For a four-year education, it will be about $161,500 at a university in your state or $426,400 at a private college, he estimates. To put that into perspective, many public colleges now run about $20,000 a year, and some private colleges are more than $55,000.






So maybe at this point you figure you will stick a bat or ball in the little tyke's hands the moment he or she can hold it in hopes they are on the road toward winning an athletic scholarship. But let's face it: That's a remote possibility. Should you despair? 


Remember, you don't need the entire sum saved for college the day junior moves into a dormitory room. And during the next 17 years, your salary probably will rise along with college costs, so the numbers won't look as shocking as they do today. In addition, low- and middle-income families don't have to pay the full sticker price if they are smart about college choices.


But if you want to make paying for college as painless as possible, you are going to have to start planning now. For the next 17 years, you will have to keep your eye on the calendar. Before children are old enough to get braces, some savvy parents start helping them build the type of resumes that will win scholarships.


Still, don't count on scholarships to do all the heavy lifting. No matter how polished your child turns out to be in high school, the chances are you will have to come up with a good sum of money yourself. So start now by saving as much as you can. Anything is better than nothing. If you start saving $100 a month for college and invest it in a balanced mutual fund that's roughly divided half and half in stocks and bonds, you should have about $40,000 by the time you pack up the car with junior's belongings and head to college.


But also make sure you have your priorities right. Too many parents — especially those laden with their own college loans — want to spare their children college debt. So they plop money into a college savings account for their children, while neglecting to save for their own retirement. This is upside-down planning.


I've heard from many parents who can't retire because they put their child's education ahead of their own savings, and their child ends up finished with college, enjoying a Wall Street or a law firm salary, and is debt-free.


The rule of thumb for saving enough money for retirement is: Start saving 10 percent of pay in a 401(k), IRA or both, beginning in your 20s. If you wait until your 30s, it's 12 to 15 percent. If you happen to have an employer that offers the typical 3 percent matching money for a 401(k), you can stash away 7 percent of your own pay and — with the free money from your employer — you will hit the 10 percent mark.


For college savings, you can make investing easy and the most profitable if you keep Uncle Sam away from taxing your savings. Plop either the $2,000 limit a year into a Coverdell college savings account, or if you can manage to save more, skip the Coverdell and use a 529 college savings plan offered by a state government. Anything you save in these accounts will be tax-free for you and your child if it goes to pay for college. Tell grandparents and other relatives about the child's 529 plan, so they can send birthday and other gifts into the college fund.


Elementary school


Maybe you've been saving diligently since you helped the little tyke blow out the candle on that first birthday cake. If you were making life easy on yourself, you evaluated 529 plans, chose one with low fees and solid performance, and you've been letting the investment experts at the plan invest your money in the manner that typically is appropriate for your child's age.


Are you satisfied with the 529 plan you chose, and the investments you've chosen within the plan? You are allowed to make changes once a year — selecting a plan in another state if you want, or different investments in the plan. Remember, you don't have to stick with the plan in your state, although many states give you an extra tax break if you do. And you can save money if you go to a state 529 plan directly rather than using a financial adviser. According to Morningstar, the average cost if you do this on your own is about 0.60 percent, but with an adviser it's 1.5 percent — a much higher amount that will detract from the amount you amass.


Say your child received $2,000 from grandma at birth. In the cheap 0.60 fund, the savings would become about $6,680 by college if the investments earned 8 percent. The same investments in the 1.50 fund would be $5,720. Try this calculator: tinyurl.com/seccalc.


To identify funds Morningstar thinks are best, go to tinyurl.com/bestfunds. Also check out savingforcollege.com.


As you evaluate the investments, keep in mind what "age-based" means. With that approach, the plan typically invests for you based on the child's age. Up to 4 years old, the money was probably invested about 80 percent in stocks and 20 percent in bonds. Between 5 and 10, it was probably 65 percent in stocks and 35 percent in bonds. The idea is to increase the money as much as possible when the child is young by using a significant amount of stocks. Then the closer the child gets to college, the more conservative the investing becomes so there's less chance of a loss when the first tuition bill rolls around.


You can lose money in 529 plan investments when the stock market goes down, but if investments turn more conservative along the way, you generally have time to recover by college. Many plans offer conservative investments if you can't stomach stocks. But remember the trade-offs. If you select a money market fund or CDs paying 2 percent interest, your $100 in savings a month would total less than $25,000 by the time a newborn makes it to college.


If you have been getting raises every year, consider increasing your contributions to the 529 plan — maybe setting up your account to move money automatically each payday. Also make sure you tell grandma and grandpa not to open any UGMA or UTMA account in the child's name. If your child is going to qualify for financial aid when he or she goes to college, a UGMA or UTMA will poison his chances.


Want to know if you are likely to get financial aid? For a ballpark idea, try the "estimated family contribution" calculator at the college you think your child might attend or: tinyurl.com/finaidest.






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