Thursday, December 15, 2011

Where is the best place to save money for my child's college education?

We are looking for an account were we can can save money tax-free and use it to pay for college in the USA or internationally.|||Hopefully, you're familiar with The Motley Fool. The name sounds silly, but the Motley Fool is an extremely highly regarded financial advice site, staffed by some exceptionally talented advisors.





I mention this because The Motley Fool has recently published an excellent introductory article to the world of college savings. The article explains Coverdell ESAs and 529 plans, the two most popular forms of college savings that are used today.





This particular article is only intended as a "1 Minute introduction, so there's not a lot of hard facts there, but you'll learn enough to get you started asking the right questions, and seeking the right information.





Check it out - I hope the article helps you get started.





Good luck!|||Check with Fidelity or any brokerage about a 529 plan

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