Investing for Education - Education Savings Accounts

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To meet our financial goals: a secure Retirement, a College education, Home Ownership, Estate Planning. Le...
To meet our financial goals: a secure Retirement, a College education, Home Ownership, Estate Planning. Let’s say you have college-bound kids…and we all know tuition is amazingly expensive…But – worth it. So, you can get a head start by taking advantage of state savings programs… Explore Section 529 college savings plans. Look into education savings accounts (ESA’s). The tax benefits make the investment a little easier for parents. Some families may qualify for more tax breaks, like tax-free redemption of U.S. savings bonds, the Hope Scholarship credit, Lifetime Learning credit. And – come income tax time – you might even get to deduct tuition payments and student loan interest. No matter what you make…if you have a child who wants to go to college…you’re going to do your child – and yourself – a huge favor by planning ahead.
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