AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Strategies for Saving for Higher Education Costs
This chapter explores the importance of investing money in saving for children's higher education costs, discussing the benefits of starting to save early and managing college expenses through a 529 college savings plan. The chapter delves into the tax advantages, different types of 529 plans, and strategies for maximizing funds in these accounts through contributions and rewards programs.