Kids & Education: Featured Articles
College Savings Plans
An Introduction to 529 Plans
There are two types of 529 plans: pre-paid tuition plans and college savings plans. All fifty states and the District of Columbia sponsor at least one type of 529 plan.... [MORE]
Prepaid Tuition Plans
Prepaid tuition plans allow parents, grandparents, and others to lock in today's tuition rates at eligible public colleges or universities so that they don't have to worry about future tuition increases.... [MORE]
Custodial Accounts
Custodial accounts - Uniform Gift to Minors Act (UGMA) accounts or Uniform Transfer to Minors Act (UTMA) accounts - are another tax-advantaged way to save for college.... [MORE]
Common Features of Prepaid Tuition Plans & College Savings Plans
One of the biggest advantages of 529 plans over other college savings options are the tax advantages they offer. Earnings grow tax-free and withdrawals also are tax-free for qualified education expenses.... [MORE]
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Student Loans
Student Loans: Difficulty Repaying
If you have trouble making your education loan payments, contact immediately the organization that services your loan. You might qualify for a deferment, forbearance, or other form of payment relief. It's important to take action before you are charge... [MORE]
