Tax Treatment of 529 College Savings Plans
With 529 savings plans, earnings are tax-deferred and distributions can be excluded from income. Learn more about qualifications, eligibility and restrictions.
Prepaid Tuition Plans
With prepaid tuition plans, one may buy a percentage of a year’s tuition that can be used to pay for college when the child enrolls years in the future.
Coverdell Education Savings Accounts
The Coverdell Education Savings Account is a tax-advantaged way of saving for K-12 and college costs.
Education Savings Bonds Program
The Education Savings Bond Program excludes the interest on certain Series EE and Series I US savings bonds from income when the bonds are redeemed to pay for qualified higher education expenses.
Student Loan Tax Deductions and Tax Credits
If you have student loans, chances are you’ve heard of certain deductions or tax credits that you may qualify for. We explain the basics, including which forms to keep your eyes peeled for.