Up-to-the-minute details on Section 529 Plans and Coverdell accounts

Find out which college savings plan is right for you – and get started saving!

Need help saving money for your child’s tuition? Don’t worry! 529 & Other College Savings Plans For Dummies covers all the ins and outs of 529 plans and Coverdell accounts, as well as more traditional saving plans. This straightforward guide helps you estimate future costs and develop a custom savings map for meeting your goals while Little Billy’s still young!

The Dummies Way

• Explanations in plain English
• "Get in, get out" information
• Icons and other navigational aids
• Tear-out cheat sheet
• Top ten lists
• A dash of humor and fun

Discover how to:

• Set your savings goal
• Start saving early
• Cut household expenses
• Take advantage of government money
• Invest in state-run or mutual fund-run plans

Change your savings plan mid-course

There’s no question: The cost of college continues to soar, even when the rest of the economy stagnates, and this reality is not likely to change any time soon. Fortunately, everyone, including you, the various governments (federal and state), and the colleges themselves, are in on this secret, so everyone can plan and plot, well in advance of that eventual first day of your child’s freshman year, ways to get that child there, and ways to help you pay the bills when they happen. Consider this book to be your accomplice.

529 && Other College Savings Plans For Dummies is simply a way to find a reasonable solution to a seemingly unreasonable problem: saving for future college costs in the sanest, least stressful way possible for you. In keeping with the theme of stress reduction, you can use this book in a variety of ways

li>As a reference: It’s all here: the ins, the outs, the do’s, and the don’ts. The world of college savings is one of very specific rules, and they’re here, in all their glory, and they’re all explained
• As an advisor: It’s a case of the very good savings techniques, the merely okay savings techniques, and the truly ugly techniques (which you really want to avoid), and this book highlights them all
• As a little light reading: Amazingly enough, the topic of money can be mildly amusing, and college savings is no exception. Read this with an eye towards the absurd, and you won’t go far wrong

This down-to-earth book is designed to explain the strategies that are out there to help you save, save, save. There’s no doubt that the bill will be large; there’s also no question that, with planning, strategy, and purpose, you can achieve your goal. To help you get there, this book covers all these vital topics, and more

li>Evaluating all your resource
• Understanding the basics of Section 529 plan
• Working around the 529 shortcoming
• Contributing to Coverdell account
• Choosing savings bonds that wor
• Looking at your investment option
• Searching for scholarships, fellowships, and grant
• Tapping into your Roth IR
• Financial Aid 10

In this one-size-fits-all world, the powers that be have recognized that all people don’t save money the same way. Some save more, some save less, some can live with risk, and others can’t tolerate any risk. Clearly, no two are alike, but you’re all savers, either present or potential. Numerous options exist that make saving possible and desirable for everyone. 529 && Other College Savings Plans For Dummies is here to tell you that it is possible to understand the costs associated with college, both right now and in the future, and then find ways to pay for those costs