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.
Kiddie Tax: Tax on a Child's Investment Income
Learn about the advantages and disadvantages of the so-called Kiddie Tax, which taxes investment income of a child at a lower rate than the child’s parents, up to certain annual limits.