education planning

Each year the calendar provides a subtle reminder of the benefits of a section 529 college savings plan.  These plans offer tax-free growth of invested money as long as the funds are used for qualifying education expenses. In addition, many states offer tax deductions or credits for contributions made to eligible plans. The definition of qualified expenses within 529 plans has been expanded in recent years thanks to three pieces of legislation. All three changes

Education costs continue to rise and the task of saving for college or trade school becomes more daunting each year. Fortunately, there is a village of supporters who want to help a child save for their education, including the ancillary expenses required to have a full and enriching educational experience. One of the most efficient and effective ways to accomplish this savings goal is by using a 529 plan.   State Affiliated plans are open to