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The pros and cons of the Series I bond for college savings The interest exclusion can make Series I bonds an interesting option for those looking to pay for college expenses. Here are the other ...
Here are the pros and cons of using a 529 or a Roth IRA to pay for college. ... the new rule comes with some limits, namely that the 529 account must be open for at least 15 years before a ...
In fact, even the person opening the 529 plan can be its beneficiary. 3. Open the account. Most accounts can be opened online. Once opened, you can deposit funds directly into the account, and ...
529 plan. A 529 plan, also called a Qualified Tuition Program, [1] is a tax-advantaged investment vehicle in the United States designed to encourage saving for the future higher education expenses of a designated beneficiary. In 2017, K–12 public, private, and religious school tuition were included as qualified expenses for 529 plans along ...
By using these alternatives instead of or as supplements to a 529 plan, you can get the best of all worlds in your college savings strategy. %Gallery-187990% Show comments
Here are seven ways for college students to get started in investing, from the super-safe to the bold. 1. Consider starting with a high-yield savings account or CDs. One of the simplest ways to ...
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