Highlights of College Savings Plans (Sec 529 Plans)
The Qualified State Tuition Plan, often referred to as the Sec 529 Plan, is a tax-beneficial incentive for parents, grandparents, and others to save m…
College
Planning for a Child’s College Expenses Should Start Early
Some in Congress have proposed “free” (i.e., government-paid) tuition for community college attendance. Even if that proposal were to beco…
Video tip: Tax-Advantage Saving Plans for Higher Education
Exploring ways to save up for your kid’s higher education? The federal tax code provides two beneficial saving plans that allow tax-free withdrawals for qualified education expenses. Watch the video for details.
Tax Benefits When Saving for College Education
A common question among parents is, “How might I save for a child’s post-secondary education in a tax beneficial way?” The answer de…
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