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Don't let money get in the way of your kids' best education
529 & Education Savings Plans For Dummies helps you sort through the vast amount of information about education savings accounts and choose the plans that are best for you and your family. A college or private K-12 education is generally parents' single largest expense for their children. 529 plans and 530 plans (Coverdell accounts) are relatively solid investment vehicles that can make saving for college much easier, providing tax advantages that other types of investments can't match. Education savings can be part of your overall…mehr

Produktbeschreibung
Don't let money get in the way of your kids' best education

529 & Education Savings Plans For Dummies helps you sort through the vast amount of information about education savings accounts and choose the plans that are best for you and your family. A college or private K-12 education is generally parents' single largest expense for their children. 529 plans and 530 plans (Coverdell accounts) are relatively solid investment vehicles that can make saving for college much easier, providing tax advantages that other types of investments can't match. Education savings can be part of your overall wealth accumulation strategy, and this book can show you which plans are right for you, help you decide when to start saving, and guide you through determining how much to save per year in order to meet your goals--and help your kids meet theirs.
_ Learn about the different types of tax-sheltered and tax-advantaged ways to save for education
_ Create a saving and investment strategy that makes sense for your family
_ Demystify the 529 and 530 plan rules and maximize your tax advantage
_ Help set your kids on the path to success and to their college of choice

This is the perfect Dummies guide for parents or family members who want to begin saving for a college or K-12 education and who may want to supplement their current savings with tax-sheltered, education-specific accounts, or tax-advantaged investment accounts that may be used for education funding.
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Autorenporträt
Margaret Munro is an enrolled agent and tax professional with decades of experience handling her clients' sensitive tax cases. She is also a personal finance counselor, as well as the co-author of Taxes For Dummies.