The Education Bond Program was the first program available to offer any kind of a tax break for parents trying to save for college.
College is a good investment and could be worth well over a $1 million dollars to your kiddo.
Your baby just turned 17 and will be a senior this fall. What happened to all of the planning you were going to do?
Where there were two there now could be three, four, or more if you used fertility drugs.
There are several ways to leverage this year’s refund and to get started on saving, no matter what your child’s age.
College savings plans can now be set up so that the money is invested in mutual funds and grows tax deferred.
An ESA is another savings program for educational expenses which can be set up for kids under 18 years of age. The annual contribution limit is $2,000 per child.
College is still a good investment, but it’s expensive and the costs are only rising.
Saving for college should start when your little one is still in diapers!
There’s lots of books about how to raise kids but there isn’t much about how to plan financially for a baby.