How to Choose and Use a College Savings Plan (529 Plan, USA)
Description
Welcome to the course where you will learn everything you need to know to choose the right tax-free college savings plan for your child and use the power of simplified investing to pay for their education.
At the end of this course, you’ll be able to:
- Choose the most beneficial 529 College Savings Plan for your child and family situation from all the many available options
- Understand all the tax benefits
- See the power of using investing to pay for college
- Open and use a savings plan
- Understand the future cost of college
- Start contributing to achieve your college savings goal
- Know how to spend the funds and what the money can be spent on
- Decide what to do with any leftover money
With this course, not only will you reduce or eliminate student loan burden for your kid(s), but it will also save you a bunch of money. The power of investing allows you to use earnings to pay a large portion of college costs, rather than coming directly out of pocket!
I designed this course for parents who want to give their child the opportunity of a debt-free college education but are not sure how to financially accomplish this.
This course is meant for US-taxpayers, as the 529 Plan type of account can only be used by them.
Please look at the free preview lessons and I hope to see you in the class!
Who is the target audience?
- Parents wanting to invest (tax free) to pay for their child's education
- Parents who are unsure how to choose which college savings plan to use out of all the many options
- People who have questions about how to start and invest in a college savings plan
- Parents that want to understand what college savings plan money can be spent on and how to spend it
- Those who have questions about what to do about leftover college savings plan money
- Anyone wishing to learn state and federal about tax benefits and breaks for college savings plans
- American citizens - 529 College Savings Plans are for US citizens with Social Security Numbers
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