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I would highly suggest the following: www.collegesavings.org/529-Plans, ishares529.s.upromise.com, and www.gerbercollegeplan.com , www.savingforcollege.com/intro_to_529s/.

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11y ago

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When and how should I set up my child's college savings account?

You should start saving for you child's college savings account as soon as possible. A really good college savings plan is the 529 plan. With this plan you can set aside money for your child's college education and it will continue to grow tax free.


Which education savings plan is the value of the investment dependent on the performance of the stock market?

529 college savings plan


Can I open a 529 college savings plan for my nephew?

Yes, you can open a 529 college savings plan for your nephew to help save for his future education expenses.


What is a plan that covers all qualified higher education expenses is known as the?

college savings plan


What is a RESP?

A RESP is a registered educational savings plan. It is a plan that allows you to save money for college and education that is tax free.


Which education savings plan can be used for K through 12 expenses as well as post-secondary expenses?

Coverdell Education Savings Plan!


When can a parent start a college savings plan for their child?

There are several options for a parent to start a college savings plan for their child. Many parents do not start thinking about saving for college until their child is in their teens. Financial advisors say that it is best to begin a college savings plan once your child is born. This way parents can ensure that they will be able to save up enough money by the time their child graduates high school.


Education Planning?

form_title=Education Planning form_header=There's never been a better time to start saving for future educational expenses. Start planning now! Who is the beneficiary of this plan?*= _[50] Have you started investing in an education savings plan?*= () Yes () No How much have you saved?*= _Enter Amount[50] How much are you intending to put aside for college savings per month?*= _Enter Amount[50]


Could you explain how a 529 savings plan works?

A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs.


What is the New York 529 savings plan?

New York 529 saving plan it is a plan for saving money for the college. You can chose more investments options and after you can start savings with only 25 $.


What are some ways to plan education for children?

Some of the ways to plan education for children is to set money aside for college or university at an early age. One popular method is by investing in an RESP - or Registered Education Savings Plan.


Is ScholarShare 529 a legitimate investment option for college savings?

Yes, ScholarShare 529 is a legitimate investment option for college savings. It is a tax-advantaged savings plan designed to help families save for future education expenses.