529 & Education Savings Plans For Dummies

ISBN-13: 9781394160334 / Angielski / Miękka / 2023 / 394 str.

Margaret A. Munro

Spis treści

Introduction 1Part 1: Figuring Out the Cost of Education -- and How to Pay It 7Chapter 1: Braving the New World of Education Savings 9Chapter 2: Checking Out Education Costs 19Chapter 3: Realizing All Your Resources 35Chapter 4: Sharpening Your Savings Techniques 49Part 2: Piecing Together Section 529 Plans 67Chapter 5: Laying Down the Basics of Section 529 Plans 69Chapter 6: Applying Section 529 Plans to Your Household 93Chapter 7: Weighing the Pros and Cons of Section 529 Plans 115Part 3: Uncovering Coverdell Accounts 137Chapter 8: The Changing World of Coverdell Education Savings Accounts 139Chapter 9: The Mechanics of Coverdells 161Chapter 10: Figuring the Pluses and Minuses of Coverdell Accounts 187Part 4: Filling in the Gaps: More Ways to Save for College 201Chapter 11: Saving for College with Qualified US Savings Bonds 203Chapter 12: Setting Up Personal Investment Accounts for Yourself and Your Kids 215Chapter 13: Saving for Education in Trust Accounts 231Chapter 14: Saving in Your Retirement Plans: The IRA Dilemma 243Chapter 15: Buying, Selling, or Refinancing Real Estate 253Chapter 16: Funding Education Using Whole Life Insurance 269Chapter 17: Accessing Scholarships and Awards 283Chapter 18: Turning On the Financial Aid Faucet 301Part 5: The Part of Tens 315Chapter 19: Ten Musts for Successful Savings 317Chapter 20: Ten Ways to Dodge the Tax Code Minefield 325Appendix: Section 529 Plans, State by State 333Index 379

O autorze

Margaret Munro is an enrolled agent and tax professional with decades of experience handling her clients' sensitive tax cases. She is also a personal finance counselor, as well as the co-author of Taxes For Dummies.