What would be better to save up for my daughter's college education, a savings account or savings bonds?

I'm trying to figure out the best way to save for my 3 year old's college education, and not sure which way to go!





thank you!|||Neither. A savings account is going to pay you less than 1% interest per year. Savings bonds are not going to do much more. You want to invest this money, not save it. Speak to a financial adviser about college planning. There are tax deferred education savings plans in each state that have many benefits for you and your child.|||A Tax Deferred Annuity is one secure way--not heavily vested in the unstable Markets--and you can contribute to it without paying taxes on the interest until it matures.





A 10 CD that you buy from a bank that doesn't invest their CDs in the Stock market--be sure you ask--there are many that do not--esp. Savings and Loan banks.





I would spend 100$ and sit down with a Retirement expert--to make sure you do what's best for you, least amt of tax burden and capital gains taxes.|||You might be able to start up a 529 account. It's strictly for education, and it's state run. I would talk to your bank or a financial advisor about it.|||Talk to your bank about setting up a 529 fund:





http://www.sec.gov/investor/pubs/intro52鈥?/a>