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2. Coverdell Education Savings Accounts: Your 2024 guide - AOL

   www.aol.com/finance/coverdell-education-savings...

   Once your child is in school, you can take Coverdell education savings account withdrawals to cover qualifying education expenses tax-free. Be aware of the Coverdell withdrawal rules. Qualified ...

3. Can a financial advisor help you save for your child’s ...

   www.aol.com/finance/financial-advisor-help-save...

   For example, a 529 plan is a tax-advantaged investment account that allows money to grow tax-deferred, and distributions for qualified education expenses are tax-free.

4. Are College Tuition and Education Expenses Tax-Deductible?

   www.aol.com/college-tuition-education-expenses...

   The American Opportunity Tax Credit allows you to earn up to $2,500 in tax credits when claiming your college tuition and related expenses. ... If you are helping to pay for your child’s college ...

5. Can a Roth IRA be used for college?

   www.aol.com/finance/roth-ira-used-college...

   Before using a Roth IRA plan for a college education, you may also want to consider a 529 college savings plan. A 529 plan is a type of investment account specifically designed for a college ...

6. Borrowing money from your home to pay for your child’s college

   www.aol.com/finance/borrowing-money-home-pay...

   No debt for your child: Using a home equity loan to pay for college means your child can start their post-graduation life without the burden of student loan debt, improving their financial outlook ...

7. 2 Ways To Boost Your Child’s College Savings Without Breaking ...

   www.aol.com/2-ways-boost-child-college-164148100...

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