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Posts Tagged ‘Higher Education’

Help Paying for College in 2009, 2010

There are many options to help you ease the pain of paying for college.

Section 529

A Section 529 plan can help you prepare for the expense of paying for your child’s college tuition. The standard 529 plan allows you to prepay for college at the current rate for future use. This plan also allows the plan to be free from federal income tax. These plans are increasing in use as the price of college continues to increase annually. If this money is withdrawn for any other purpose than to pay for higher education, the funds will be taxed again.