coverdell: Covering the Cost for College While Saving Tax Dollars
- 03/08/08 07:55 PM
Covering the Cost for College While Saving Tax Dollars Saving for college should ideally take place well before your child reaches college age, but for many reasons that isn't always possible. Whether you have years to go before your children are ready for college or you already have a coed in the house, there are options available to help minimize your expenses by taking advantage of tax benefits. Below are some suggestions to get you started: • A Qualified Tuition plan, also called a Section 529 plan, is a trust naming your child as the beneficiary. Contributions to the trust are (1 comments)