Saving for college can be a painful and uncertain prospect. Nobody can really predict where their child will want to go, or how much it will cost. When your child is born, 18 years seems so far away.
Use a 529 college savings plan to protect your child's college savings and receive tax free growth. The money you set aside in a 529 plan can be used for tuition, books, and other college expenses. Additionally, money you set aside in a 529 plan can be transferred for the use of another person, particularly useful if you have a child that earns a scholarship or has expenses less than the amount you saved.
College savings plans are called 529 plans. They allow you to prepay for your childs college education. You can read more about them at http://www.savingforcollege.com/
The CSPN or College Savings Plans network is a great online resource for college savings plans. The site gives you resources to help you get started and has information for every state. The site is: http://www.collegesavings.org/index.aspx
529 savings plans CAN adjust for inflation. This is usually based on the state your in and how large your savings plan is.
The College Savings Bank headquarters are located in Princeton, New Jersey. The College Savings Bank offers a range of investment, plans and savings options.
A 529 is one of the most profitable college savings programs. You can compare plans, and rates by checking out the college savings website. http://www.collegesavings.org/index.aspx
www.savingforcollege.com might help you get some insight into college savings plans. Or perhaps you can simply visit your own bank or financial insitution for additional information.
529 Savings plans are designed to help someone save for college. Most 529 plans are state sponsored.
There are many ways a person may find information about college savings plans. The best source of information for an individual will be from their banking institution. A person's private bank will able to help guide them to the appropriate college savings plan. Additionally, the website called Bank Rate has information on these types of savings plans.
One of the best websites would be savingforcollege.com. From there find you college and they will have numerous plans and you can choose from them to meet your needs.
A 529 college savings plan is a savings plan that is operated by a state or educational institution. You can find out more information at the following website: www.savingforcollege.com/intro_to_529s/
The companies that offer the 529 savings plan are Scottish Friendly, USAA, Wells Fargo, Family Investments, Saving For College and College Savings Service.
The best child plans for long-term financial security and education savings are typically 529 college savings plans and custodial accounts like UTMA or UGMA. These plans offer tax advantages and flexibility in saving for a child's future education expenses.