Financial Literacy: How To Start Saving For College

 

Sandra Gilpatrick  | April 01, 2015 

I am proud to be a contributing author getting the word out on the Boston Mamas site.  Curious about how the tooth fairy and tuition are related? Please read my article How To Start Saving For College

 

Prior to investing in a 529 Plan investors should
consider whether the investor's or designated
beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state's qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.