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Student/Youth

Student-Youth

College Planning 101

Most parents have already heard the bad news: a college education has never been more expensive. Many, in fact, are still paying off their own student debt and would like their children to avoid that burden. The good news is that there’s a lot parents can do to help their children and make the costs of college more manageable.

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Student-Youth

Coverdell Education Savings Accounts

Coverdell Education Savings Accounts are a tax-advantaged way to build funds for your child’s education. They may be used along with other investment accounts, such as 529 plans and education savings bonds.

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Student-Youth

Paying for College: Dealing With the Student Loan Crunch

Student loan debt is at an all-time high and only continues to grow. It’s a sobering fact, especially considering that most students headed to college need some kind of financial assistance. The good news is you decrease your chance of taking on crippling debt or defaulting when you keep yourself informed about the ins and outs of student loans.

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Student-Youth

529 Plans: The Basics

If you’d like to save for your child’s future higher education expenses while also reducing your tax liability, consider opening a 529 plan. They come in two basic varieties: the college savings plan and the prepaid tuition program. Both are easy to set up and offer the same tax advantages.

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