If one of your financial goals is to pay for a child’s education, the earlier you establish a college savings plan, the better. Not only will you save more, but you’ll also have more time to ride the ups and downs of the financial markets if you choose to invest your savings.
Two of the most common college funding vehicles are 529 Plans and Coverdell Education Savings Accounts, though there are many ways to save for a child’s education. To learn more about the options – the pros, cons, and tax advantages of each – download our white paper: “ Saving for College with Confidence: Your Guide to Education Funding.”
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