529 and Other College Savings Plans For Dummies

by Margaret A. Munro

Overview

Up-to-the-minute details on Section 529 Plans and Coverdell accounts

Find out which college savings plan is right for you – and get started saving!

Need help saving money for your child's tuition? Don't worry! 529 & Other College Savings Plans For Dummies covers all the ins and outs of 529 plans and Coverdell accounts, as well as more traditional saving plans. This straightforward guide helps you estimate future costs and develop a custom savings map for meeting your goals while Little Billy's still young!

The Dummies Way

• Explanations in plain English
• "Get in, get out" information
• Icons and other navigational aids
• Tear-out cheat sheet
• Top ten lists
• A dash of humor and fun

Discover how to:

• Set your savings goal
• Start saving early
• Cut household expenses
• Take advantage of government money
• Invest in state-run or mutual fund-run plans

Change your savings plan mid-course

Product Details

ISBN-13:	9781118068885
Publisher:	Wiley
Publication date:	04/27/2011
Series:	For Dummies Books
Sold by:	JOHN WILEY & SONS
Format:	eBook
Pages:	356
File size:	9 MB

About the Author

Margaret A. Munro, EA, is an experienced professional counselor who helps families pick college savings plans based on their resources and objectives.

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Table of Contents

Introduction.

Part I: Figuring Out the Cost of College — and How to Pay It.

Chapter 1: Braving the New World of College Savings.

Chapter 2: Checking Out the Cost of College.

Chapter 3: Realizing All Your Resources.

Chapter 4: Sharpening Your Savings Techniques.

Part II: Piecing Together Section 529 Plans.

Chapter 5: Laying Down the Basics of Section 529 Plans.

Chapter 6: Applying Section 529 Plans to Your Household.

Chapter 7: Weighing the Pros and Cons of Section 529 Plans.

Part III: Uncovering Coverdell Accounts.

Chapter 8: The Changing World of Coverdell Education Savings Accounts.

Chapter 9: The Mechanics of Coverdells.

Chapter 10: Figuring the Pluses and Minuses of Coverdell Accounts.

Part IV: Filling In the Gaps: More Ways to Save for College.

Chapter 11: Saving for College with Qualified U.S. Savings Bonds.

Chapter 12: Setting Up Personal Investment Accounts for Yourself and Your Kids.

Chapter 13: Saving for College in Trust Accounts.

Chapter 14: Saving in Your Retirement Plans: The IRA Dilemma.

Chapter 15: Selling or Refinancing Your Family’s House.

Chapter 16: Accessing Scholarships and Awards.

Chapter 17: Turning On the Financial Aid Faucet.

Part V: The Part of Tens.

Chapter 18: Ten Musts for Successful Savings.

Chapter 19: Ten Ways to Dodge the Tax Code Minefield.

Appendix: Section 529 Plans, State by State.

Index.