Education Savings
Saving for future college costs and other educational expenses is a major financial goal for many families. Several tax-advantaged savings programs can help, such as 529 savings plans, Coverdell education savings accounts and custodial accounts. It’s also important to understand the impact of these savings programs on a student’s financial aid package.

What is a 529 Plan? How to Make the Most of It
Like many Americans, you may be missing out on significant tax advantages if you’re not using a 529 plan. But what exactly is a 529 plan? In short, a 529 plan is an investment account with tax advantages used to pay for primary, secondary, and higher education expenses.
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Struggling with college costs? Learn top strategies for financial aid, scholarships, and student loans to make higher education more affordable.

Like many Americans, you may be missing out on significant tax advantages if you’re not using a 529 plan. But what exactly is a 529 plan? In short, a 529 plan is an investment account with tax advantages used to pay for primary, secondary, and higher education expenses.

Financial literacy is one of the greatest gifts you can give your children. Understanding fundamental financial concepts provides them with the knowledge, skills, and motivation to responsibly manage their money and achieve their goals, whether they’re a young child saving up to buy a toy or a recent college graduate who’s out on their own for the first time. The sooner you begin these life lessons in money management, the better.

To help you protect and manage your finances during this stressful time, CFP Board has gathered articles and resources from a range of reputable sources.

Whether your child attends school in person or remotely, funding your child’s education is an expensive financial goal that requires careful planning.

Work with a CFP® professional for guidance on incorporating personal gifting goals, such as helping with grandchildren's education costs, into a financial plan.

A CFP® professional can help you create a financial plan that balances retirement savings with other financial priorities.

It’s common to evaluate a financial planner primarily by investment performance, but there are many more benefits to the guidance a CFP® professional provides.

Before you start the college planning process, make sure you're accounting for your family's ability to pay down debt, and save for an emergency and retirement.

Researching and weighing your options can help devise a suitable funding plan for your graduate education.