A Guide to Your College-Savings Options
We compare and contrast a few of the most common college-savings vehicles.
Finding the right vehicle to save for college can be daunting. There are many choices, and it can be difficult to discern the differences between each type of account.
Below, we've outlined a few salient features of a few of the most common college-savings vehicles, including the tax treatment for each, how much you can contribute, who can contribute, the rules governing distributions, and a summary of the types of individuals who will tend to benefit most from each investment vehicle.