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What is the best way to save for our children's education? 
Fortunately, over the past few years Congress has recognized that
the cost of education has escalated and taxpayers need tax relief in
order to adequately prepare for the financial realities of educating
their children and grandchildren. But, as a result, the variety of
options may confuse taxpayers who want to maximize their tax
benefits while preparing for future education needs. Moreover,
investment options and strategies can create added challenges and
financial aid implications can be problematic. It is important that
each parent (or grandparent) planning for their children.s education
understands the various options in order to select the savings
plan(s) most appropriate to their needs. |