Saving For College

January 26, 2006

Open a tax-smart savings plan to prepare for your child’s future college tuition needs, says USU professor Jean Lown. State-sponsored 529 plans, Coverdell Education Savings Accounts or Education IRAs can lessen the blow of future college costs, while saving tax dollars. Research plans on-line or ask your financial advisor for guidance.

For more information, contact Jean Lown, professor, Department of Family, Consumer and Human Development, College of Education and Human Services, Utah State University, 435-797-1569. For information on the Utah Educational Savings Plan, visit its Web site.

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