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Best Way to Save for College: 529 Savings Plan vs. Coverdell ESA

When it comes to saving for college, Americans have many possible choices. You can invest money in a brokerage account, save money in a checking, savings, or CD account, or you could even plan to use ... read more

4 Ways Coverdell ESAs 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 ... 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 ... read more

Should You Use a 529 Plan to Save for College?

One of the big advantages of 529 savings plans as opposed to Coverdell ESAs or using a Roth IRA to save ... A 529 plan can be a smart way to save for college expenses, and has some clear advantages ... read more

Is a 529 plan the best college savings option for me and my new child?

Is a 529 the best way to go? Can 529 savings be used ... you may want to use a 529 plan from another state. You can compare 529 plans at www.savingforcollege.com I often recommend that clients use 529 ... read more

Your 2017 Guide to Saving for College With a Coverdell ESA

When it comes to saving for college, Americans have two main options: a 529 Savings Plan ... Coverdell ESA? The amount of money you can accumulate in a Coverdell ESA depends on how much you save each ... 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

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

While Coverdell ESAs are not widely used, they offer a tax-advantaged way for parents and other loved ones to save for ... to our kids' college savings than the $2,000 that can go into their Coverdell ... read more