A few days ago
bjp

How to Choose from Coverdell, Custodial and 529 for college savings?

I am planning for college education for my 1year old son. I am looking at Coverdell, Custodial and 529? How to Choose from these options? Is there a way to get free consultation/advice?

Top 2 Answers
A few days ago
caba

Favorite Answer

Some information regarding college savings plans can be found at the following:

http://money.cnn.com/2007/07/16/pf/college/529_guide.moneymag/index.htm

http://www.fool.com/college/compare.htm

http://www.sec.gov/investor/pubs/intro529.htm

http://www.finaid.org/savings/529plans.phtml

Good luck!

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4 years ago
Anonymous
A 529 college low fee costs account is money that may basically be spent on college or college appropriate expenditures for a beneficiary. The revenue that are earned ARE tax-unfastened. i latterly sat down with a financial consultant and he attempted to sign up me in one the place I had to pay tremendous expenditures reminiscent of a mutual fund. around 5%-6%!! Then I did my homework and at tiaa-cref via my state, i’m able to sign up with a non-earnings business business enterprise. the costs are a fragment of what it could have been via the financial consultant. So go searching yet you may desire to no longer might desire to pay tremendous expenditures to initiate a 529 plan on your son or daughter.
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