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Three Ways To Fund Your Family’s Education Did you know that rising college costs mean a child born today can expect to pay approximately $456,000 to
attend a private college and $192,000 to attend a public university?1 Fortunately, you have several
tax-advantaged options for college savings. InvestEd Plan - Learn how the InvestEd Plan, a 529 education savings plan offered by Waddell & Reed, Inc., can help you and your family save for college. Visit the sections below to learn more about what the InvestEd Plan has to offer. Coverdell ESA - Find out how a Coverdell Education Savings Account can help you save for college without accruing income tax liabilities. UGMA/UTMA Accounts - Review "gifting" options that allow you (and others) to transfer assets to a student for college or other uses. 1 College Board/Trends in College Pricing 2008. Assumes a 6% annual cost increase and 4 years of college. |
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