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Saving for Your Retirement vs. Saving for Your Child’s Higher Education: How a Financial Advisor Views the Choice

The choice between applying savings to retirement versus to a child’s higher education (usually through a 529) is a comm...

How to Save for College in Massachusetts: Speaking with MEFA and Inversant

There does not appear to be any indication that college tuition and living expenses will decrease in the immediate futur...

Are there Estate Tax Benefits for 529 Plans?

If you are considering establishing a 529 college savings plan to finance a child’s higher education, then you may be wo...

Can I Have 529 Plans from Multiple States?

If you are evaluating 529 college savings plans to save money for a child’s higher education, then you may be wondering ...

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...

What is a Coverdell ESA?

If you want to save money for a child’s college education, then you may be wondering about Coverdell Education Savings A...

Can I Use My 529 Plan for K-12 Expenses?

If you’re a parent saving for college, you may be using a 529 college savings plan. These plans, also known as Qualified...

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...

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