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4 Ways Coverdell Educational Savings Accounts Differ From 529 Plans

Coverdell Education Savings Accounts, known as ESAs, are tax-advantaged accounts designed to help families save for elementary, secondary and college expenses. In many ways ... advantages of opening a... read more

ESA vs. 529 savings plans: Which is best for college?

DEAR DAVE: We have two daughters, and we've started thinking about financial planning for college. What are the differences between an Education Savings Account and a 529 plan ... In short, both the E... read more

The Best College Savings Plan You May Never Have Heard Of

Comparing a Coverdell Education Savings Account to a 529 college ... “Saving in a Coverdell gives me the flexibility to use the proceeds if I should decide to send my kids to a private high school,” h... read more

529 Plan FAQs

Is a state 529 plan the way to go? When the first Bush tax law took e ffect in 2002, state-sponsored college savings plans -- otherwise known ... author of The Best Way to Save for College: A Complete ... read more

Sorting out Coverdell vs. 529 plans

Q: Can you explain the differences between 529 and Coverdell education savings accounts? — C.D., Apopka A: Coverdell Education Savings Accounts and 529 College savings plans are ... tax return both wa... read more

5 Ways to Save for Your Child’s College Education

But he stresses: "Zero debt is best." With that in mind, if you have kids, and you're not certain how you're going to pay for college, here are some suggestions to get you started. [See: U.S. News' Co... read more

3 Ways for Parents to Save For Children’s College Funds

College tuition costs keep increasing, seemingly exponentially. The best way to ensure your children are prepared financially for college is to start saving as early as possible. 529 College Savings P... read more

3 Smart Ways to Save for Your Children's College Costs

Fortunately, there are several different ways you can save ... the best 529 plan for your needs, these college savings plans can be extremely effective. Another vehicle for college savings is called t... read more

College savings plans: The basics

Sure, you can sock away money in a piggy bank or savings account and hope for the best. But there are better ways to save ... child's college enrollment date nears. Although most college savings plans ... read more

Why You Might Want More Than One College Savings Account

Q: I have college savings for my children in both education savings accounts (ESAs) and 529s. Is there a difference in the way those accounts ... it over into a 529 plan with no tax penalty. (You cann... read more

Why the Coverdell ESA Is a Great Way to Save for College -- and Teach Your Kids About Investing

While there's nothing wrong with funding 529 savings plans ... way to teach your kids about investing in stocks, which is vital to their future financial security. The Coverdell ESA is a great way for ... read more