Affordable secrets to best plan for children's education
Start Early with a 529 College Savings Plan
One of the most effective ways to save for your child's education is through a 529 College Savings Plan. These tax-advantaged savings plans are designed specifically for education expenses. Contributions grow tax-free, and withdrawals are tax-free when used for qualifying education expenses, such as tuition, books, and room and board2. By starting early, even modest contributions can grow significantly over time, providing a substantial financial cushion when your child is ready for college.