Savings Plan for Children Education
What saving plans are useful for child's education? Is Opting to Heritage Education Funds a good decision?
What saving plans are useful for child's education? Is Opting to Heritage Education Funds a good decision?
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There's the 529 college savings plan (that's probably the best out there) and UGMA (uniform gift to minors act). I believe that both of these are tax-free, but the UGMA is structured like a trust (I have a vague recollection from Series 7, but don't quote me on the UGMA).
A ton of information should be available on this from Google, and I bet that some PB kid on here is salivating right now. He'll sell you some services.
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