Making It Debt-Free Until Graduation
Friday, June 25th, 2010
If you want to set aside funds for your children’s college education, the best yet simplest move is to get a 529 plan. Known legally as “qualified tuition plans,” 529 plans are usually operated by state agencies or educational institutions. Like IRAs, the 529 college plan is also tax-advantaged and is designed to encourage parents to save for their children’s future college costs.
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