college cost planning
   
Saving for College in the Parents' or Gaurdians' Name
 

Saving for College in the Parents' or Gaurdians' Name
By: Karen Rinehart, CFP®
The Henssler Financial Group Position Paper

 

The last option to save for your child's education is to save assets in your name. When you save for higher education expenses in your name you have total control over the assets. If your child decides not to go to school then you have an extra savings account. The down side to saving in your own name is there are no tax breaks if this is done.

 
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