Confused Or Worried About Saving For Your Child's College Education? Here's What You Need To Know.This book is your complete guide to the world of 529 plans, Coverdell accounts, and finacial aid.Inside the book, you’ll learn about the very best ways to save for your child’s college education. You’ll learn about traditional options– such as 529 Plans and Coverdell ESAs –as well as some less traditi...
File Size: 701 KB
Print Length: 18 pages
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Publication Date: March 13, 2014
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I'm currently expecting my first child and I'm so glad I decided to read this book. My partner and I were discussing sending our child to college and how exactly we'd go about doing that. I really didn't know what options there were and was going t...
s.For each option, you’ll learn about the advantages and disadvantages as well as the impact on financial aid, taxes, and retirement savings.The promise of this book is that, by the end, you’ll have the understanding that you need to make an informed decision about how to start saving today in order to ensure a bright future for your child-- and finally stop worrying!Here are some of the specifics you'll learn...- The top 5 best ways to save for college-- Chapter 1- Which college savings plans will reduce (or eliminate!) your child's ability to qualify for financial aid-- Chapter 2 & 3- Everything you need to know about 529 qualified tuition plans, including the two different types of plans that exist, the tax advantages, the contribution limits and much more-- Chapter 2- A type of education savings account that will not count as an asset when your child files for financial aid-- Chapter 3- A common mistake that can lead to penalties and fees when you have a Coverdell Education Savings Account-- Chapter 3- How to use a Roth IRA for college savings, including guidelines, tips, and common pitfalls-- Chapter 4- 2 secret IRS loopholes that could save you thousands of dollars-- Chapter 3 & 4- The benefits (and risks!) of using custodial accounts for college savings-- Chapter 5- And much much more!Download your copy today!