This article will cover the two most common types of accounts used for covering college expenses. These are the Coverdell Education Savings Account and the 529 Plan. Each comes with its own benefits, limitations, and tax procedures. Get the details below to determine which will be best for your family.
View the full article: How to Know Which College Savings Accounts Are Right for Your Family (& the Unique Way Investors Can Maximize Savings!) on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.