Both parents and students alike can become stressed out over the cost of paying for college, even if they are somewhat well off. It turns out you can dramatically reduce your stress and fund a college education by adding a few simple steps to your financial game plan. Let’s review those steps and how you can get started today.
Paying for College
There is no "magic wand" or one-size-fits-all plan to save for college. As you can imagine, multiple factors impact the type of account you will utilize. You may even want to use a combination of options to maximize the amount you save and minimize the tax you pay on the money earned by the account(s).