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Q: What is a tax -advantaged savings plan designed to encourage savings for future college costs?
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What tax advantage saving plan designed to encourage savings for future college costs?

529


What are the most secure college savings plans?

You should try a 529 college savings plan. A 529 plan is a tax-advantaged way for family of any income level to save for college. It remains the top and most effective way to save for your or your children's college.


What information can you give me on a 529 savings plan?

529 Savings plans are designed to help someone save for college. Most 529 plans are state sponsored.


What do the numbers mean in a 529 college savings plan?

The 529 college savings plan helps people save money for college. The 529 comes from the Internal Revenue Service code section that created the savings plan in 1996. This plan is operated by the university or college.


Where are the headquarters of College Savings Bank?

The College Savings Bank headquarters are located in Princeton, New Jersey. The College Savings Bank offers a range of investment, plans and savings options.


Why would you need a college bound fund?

A CollegeBoundfund is a Section 529 savings plan. A 529 plan is designed to enable people to save specifically for the college fees of a designated person.


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 questions are important when enrolling in a college savings plan apex?

Provides savings for future college costs.


What savings plans are specially designed for retirement?

There are many savings plans available that are specially designed for retirement. Some examples of these savings plans include Dreyfus, Wells Fargo Retirement, and FTSBBank.


Where can one find information on child savings?

One may find information child savings from the official web site of Bank Of Montreal. They have some good programs that are designed for children to learn about savings accounts and provide government sponsored account to save for future college education.


What exactly are 529 college plans?

A 529 college plan is a savings plan designed to help parents save money for their children's education. You can find out more information at http://www.savingforcollege.com/intro_to_529s/what-is-a-529-plan.php


How do I start a college savings account in Ohio?

There are many banks that one could start a college savings account from, however if you go to collegeadvantage.com they can help assist you with a 529 college savings account in Ohio.