Need help deciding between college savings plans with a tax-saving edge? Here are the tax benefits for three basic plans specifically designed for college savings: 1. Qualified Tuition Program (529 Plan) You’ve no doubt heard of Qualified Tuition Programs, commonly known as 529 plans. It’s a popular way to save for college, and you can […]
Other than buying a home, a college education is one of the biggest investments Americans typically make. College costs are continually on the rise making student loan debt at an all time high to $870 Billion. The average student is more than $27,000 in debt. Fortunately, you may be able to cut your college costs […]
Do you just cringe every time you get those college bills in the mail? Are you looking for ways to possibly get some of that cash back? The following is an infographic that summarizes the education tax benefits outlined in the College Tax Whiz tool.