Sentences with phrase «college savers»

So - called 529 college - savings plans — those state - sponsored accounts for college savers in which earnings are tax - free as long as they are used to pay for qualified higher - education expenses — typically let account holders select once a year from a number of investment options.

College saver plans allow investors to choose among various options to save for a child's education.

Tax Benefits - Investing in a 529 plan may offer college savers special tax benefits.

Investing in a 529 plan may offer college savers special tax benefits.

Many states offer direct - sold college savings plans in which college savers can invest without paying additional broker - charged fees.

Pre-Paid Tuition Plans - Pre-paid tuition plans generally allow college savers to purchase units or credits at participating schools for future tuition and, in some cases, room and board.

Whether you are just getting started or have been saving for years, watch our short video, «5 Strategies of Successful College Savers,» to see more strategies that can help in the quest.

The bottom line on EE savings bonds: their current interest rate makes them unattractive even for long - term savers, including college savers.

Well, the picture improves a little bit for long - term savers, and a little bit more for long - term college savers.

Mistake No. 3: Investing too conservatively Another Sallie Mae study shows that many college savers are looking for safe investments rather than ones that will grow.

A badly timed market downturn can spell disaster for college savers, and the threat of stock market losses has turned off potential investors from badly performing 529 plans.

There are two kinds of 529s: prepaid tuition plans and college saver plans.

EE savings bonds used to be a popular vehicle for college savers.

Prepaid tuition plans let a college saver or account holder purchase units or credits at participating colleges and universities (usually public and in - state) for future tuition and mandatory fees at current prices for the beneficiary.

Most prepaid tuition plans are sponsored by state governments and have residency requirements for the college saver and / or beneficiary.

College savings plans let a college saver open an investment account to save for the beneficiary's future qualified higher education expenses — tuition, mandatory fees and room and board.

All college savings plans are sponsored by state governments, but only a few have residency requirements for the college saver and / or beneficiary.

But college savers may only be eligible for these benefits if you invest in a 529 plan sponsored by your state of residence.

A college saver may typically choose among a range of investment portfolio options, which often include various mutual fund and exchange - traded fund (ETF) portfolios and a principal - protected bank product.

Some 529 plans also offer fee waivers if the college saver accepts electronic - only delivery of documents or enrolls online.

62 % of these college savers reported that these taxable accounts are their primary college savings.