Start Planning for College
Saving for college has never been more imporant than it is today. However, with all of the college savings options out there, many families don't know where to start
Coverdell (Education) IRA
This is a great to start a college fund for children. Deposits can be made until the child is 18 years of age; annual deposits up to $2,000; funds can be withdrawn for education expenses (tuition, laptop, room and board, etc.) tax free; funds may be transferred to another child. Minimum to open is $200