Steps to Financial Security - Baby Step #6
Posted
on Monday, February 25, 2019
in
Financial Education
Step #6
Save for Your Children's College Fund
As colleges become more expensive it has become very important to start saving early for school expenses. Other than opening up a regular saving account there are plenty of education savings accounts that offer great tax benefits. 529 college savings plans and ESAs (educational savings accounts) are both good options. While both each have their own benefits, it is good to do your research before deciding on the right one for you.
Below are a couple of links on educational savings plans to help you get you started.
https://www.collegesavingsiowa.com/
https://www.savingforcollege.com/intro_to_esas/