Saving For College

November 08, 2004

Open a tax-smart savings plan to prepare for your child’s future college tuition needs, says Utah State University 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, Utah State University Department of Family, Consumer and Human Development; 435-797-1569; lown@cc.usu.edu. For information on the Utah Educational Savings Plan, visit the Web site.

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