Education Savings

Have you noticed how quickly the cost of college education is rising? You may not have. Between work, soccer and band practice and everything you have on your plate, you may not have time to worry about it. However, the sooner you address the issue the better.

For starters, take a look at the different ways you can save for your child's education:

529 Plans
Save and invest on a tax-advantaged basis in order to fund future college and graduate school expenses of a child or other beneficiary.

Coverdell Education Savings Accounts
Perfect for individuals within the income limits who want to set aside dollars on a tax-advantaged basis for education expenses.

Custodial Accounts
Ideal for investors wishing to make a gift, in the form of securities or cash, to a minor.