10 More Ways To Help Fund Your Child's Education

There are a variety of higher education tax incentives. These methods provide parents with more choices than ever before. The purpose of this document is to briefly describe l0 of these options and weigh pros and cons of each approach. The benefit to you is the ability to make better-informed decisions about how you will fund your children's college education.

1) Savings Account or CDs in Child's name
2) U.S. Savings Bonds
3) 2503(c) Minor's Trusts
4) Life Insurance on Child
5) Life Insurance on Parent
6) Coverdell Education Savings Account
7) Roth IRA
8) Traditional IRA
9) HOPE Scholarship & Lifetime Learning Credit
10) 529 plans
 

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