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  College Savings Plans
Congress passed Section 529 of the tax code, which allows two kinds of college savings plans for families. These savings plans allow families to save for their children education depending on their needs and goals. Each plan has its advantages and disadvantages.

The two kinds of college savings plans are the:
Prepaid Tuition Plans
529 College-Savings Plans

You can find detailed information about each plan at:
The College Savings Plans Network
  The official 529 plan web site, sponsored by the State Treasurer’s Association, where you can find links to plans in your state.

Saving For College
  Operated by Joseph Hurley, this web site provides regular updates on college savings plans. You can find details about each plans strengths and weaknesses.

Click here for the next page>>
Education Tax Credits


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