Marcy Parmley Insurance Agency, Farmers Insurance

08/24/2026

Do you want to save money on your insurance? Let us bundle your Home and Auto insurance with Farmers! Save up to 22%.

08/01/2026

I have set up 529 College Savings account for my grandchildren.

True or false: A grandparent-owned 529 plan can hurt a grandchild's financial aid eligibility.

❌ False. That rule changed.

The FAFSA opens October 1, and the decisions that affect what shows up on it can make sense to review right now.

Distributions from a grandparent-owned 529 plan no longer count as student income, which previously reduced aid eligibility by up to 50 percent of the amount withdrawn.

For families who held off on funding or using grandparent accounts because of the old rule, the math has fully flipped.

Generally speaking, tuition bills land in August. Before the checks go out, a few things are worth a look:

🔹 Whether a grandparent-owned 529 now makes more sense than a parent-owned one for new contributions

🔹 Which account to draw from first if both exist

🔹 Annual exclusion gifts and the five-year superfunding option ($95,000 per donor, per beneficiary)

🔹 Beneficiary changes if the original student finished school or shifted plans

🔹 A 529 plan is a tax-advantaged education savings plan. Before choosing a plan, it's important to consider not only the state tax treatment but also any associated fees and expenses. Availability of a state tax deduction will depend on your state of residence, as state tax laws and treatment may vary from federal tax laws. If you make nonqualified distributions, earnings will be subject to income tax and a 10 percent federal penalty tax.

🔹 Consider talking to your tax, legal, or accounting professional before moving ahead.

07/31/2026

Getting some touch up work done at the office today by Hole In The Wall. Call them for all your drywall repairs.

07/31/2026

The Parmley Agency is having a Kentucky Derby day today. We have a contest to see which team member can help the most clients save on their insurance with our huge Bundled Discounts. So far we helped 81 clients reduce their insurance costs this month. Call us today if you want to save on your insurance.

07/30/2026

The Z06 got a mini makeover at Auto Collin Group. What do you think? They are the only body shop I trust with my personal vehicle.

07/20/2026

Understand DOT physical failure reasons and how chiropractic care restores mobility and function to help drivers pass recertification.

07/13/2026

The Z06 is going in for a makeover at the only shop I trust to take proper care of her. ACG Auto Collision Group. 6916 McCutchen Rd. They are one of Farmers’ preferred auto body and paint shops.