Practice Area: Tax

Saving for College While Maximizing Your Tax Benefits

May 14, 2015

With the cost of education only going up, many parents start saving for their children’s education long before their children will be attending college.  Fortunately, there are tax-favored options that let you save in taxes while saving for college.  529 Accounts.  Payouts from a 529 account used for eligible postsecondary education expenses are tax free.  […]