Check out a 529 college savings plan
Source: dailypress.com Posted By: Bhbetty H...5490 days ago
DALLAS — Don't think 529 college savings plans are just for young people. Their parents can also use them to save for their own college education.
"They are a very good tool for tax-free savings when an adult is thinking about returning to school," said Joseph Hurley, founder of savingforcollege .com.
An option that many adults may not be aware of is the ability to change the beneficiary on a 529 account to another family member "in the event the current beneficiary has no qualified use for....