Home>For College Savings, Could Coverdells Rival 529s?
For College Savings, Could Coverdells Rival 529s?
Financial Planning News
Tue, 19 Mar 2013
Among the many provisions of the American Taxpayer Relief Act of 2012, Coverdell education savings account tax benefits were made permanent. Thus, ESAs have caught up with 529 plans, which were awarded permanent tax preferences in the Pension Protection
Morningstar's Laura Lutton details the new ratings system used for529 college-savings plans, what analysts look for in the plans, and improvements in the 529 industry.
Lower fees and better investment choices are improving the college savings landscape for529 investors, says Morningstar editorial director Laura Lutton.
Vanguard's Michael Corr identifies three considerations when examining 529 options, how investors should think about risk, and his firm's approach to these college-savings plans.