Saving for College Whether you are saving for your own education or for your children’s, it’s wise to start planning for college as soon as possible. Tax-Free College Savings A Coverdell Education Savings Account (formerly an Education IRA) accumulates interest tax-free. You can withdraw money from this account without penalty. Also, it’s possible to put money into a state- or institution-sponsored prepaid tuition plan and not pay taxes on it until you withdraw the money. Contact your local credit union to learn…Continue Reading
College Planning: It’s Never Too Early!
March 12, 2018 | By bluetopmarketing