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What is an UGMA Account?

You may have heard the acronym “UGMA” in reference to saving for a child’s college education, but what does it mean?  Mo...

What is an UTMA?

You may have heard the acronym “UTMA” in reference to saving for a child’s college education, but what does it mean?  Mo...

To Whom Can I Transfer the Money in a 529 Plan?

A 529 plan, which includes both 529 college savings plans and 529 prepaid plans, allow individuals to contribute money t...

Where can You Use a 529 Plan?

While most people think of a 529 plan when applying to a college or university, the truth is that you can use a 529 plan...

Common Misconceptions About 529 Plans

There are a variety of ways you can save for college including 529 plans, Coverdell Education Savings Accounts, and UGMA...

What is a 529 Prepaid Plan?

What is a 529 Prepaid Plan?

Comparing 529 College Savings Plans and Coverdell Education Savings Accounts

Both the 529 college savings plan and Coverdell Education Savings Account are tax-advantaged investment accounts that he...

Comparing a 529 Plan and a UGMA/UTMA Account

Many parents set aside money for their child’s future, whether it’s for education or personal expenses. If you’re saving...

Comparing a 529 Prepaid Tuition Plan and a 529 College Savings Plan?

529 plans, collectively referred to by the IRS as Qualified Tuition Programs (QTPs), allow families to set aside money t...

What should I be doing to Save for College?

When considering college, one of the most prevalent worries from students and their families revolves around how to save...

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