Coverdells VS. 529 Plans – 2011 Update
Provided by Joseph Regenstein IV, CMFC on December 9, 2011 There is more than one way to save for college. Today, some parents are wondering if they should convert Coverdell Education Savings Accounts to 529 college savings plans. With that mind, here is a brief look at how both of these accounts work. Why were Coverdell ESAs so popular in the past decade? Imagine a [...]
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