April 30, 2009
Weigh your options
Before you begin using an estimator, there are a few things you might remember. Many calculators Will only function with college savings plans. So consider a tuition plan that is prepaid if you know for a fact that the one receiving the benefits from the plan will attend a school supporting the 529 tax. These plans guarantee tuition rates for the future and withdrawals from prepaid tuition plans are tax-free.