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Investors > College Savings Plans |
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Investing for college is one of the most frequently accessed information by Teenvestors and parents on this website. Your parents may already be aware of some of the options available to them when it comes to planning for your college expenditures. This section can help Teenvestors who plan to go to college and their parents begin investing in College Savings Plans or 529 Plans as they are commonly known. Since you can’t invest on your own anyway without a custodial account and college savings can have an impact on financial aid, your parents have to be more involved in your college investments than with other investments discussed in this website. In addition, the tax benefits associated with this type of investment is something that would be of great interest to your parents.
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