College Savings

College savings refer to various financial strategies and tools that individuals and families can use to save money for future college expenses. These expenses may include tuition fees, room and board, textbooks, and other associated costs.

Some common college savings options include 529 plans, Coverdell Education Savings Accounts, and custodial accounts, among others.

These plans may offer tax benefits, investment growth potential, and flexibility in terms of how the funds can be used. It is important to carefully consider the different options available and to begin saving as early as possible to help ensure that there are sufficient funds available when college expenses arise.