
Education Planning Series: How You Can Save for College (Ep. 14)
To complete our Education Planning Series, Will Hoffman discusses how you can ensure your child has access to quality education by explaining the various saving plans available. In this episode, Will explores three popular options: the 529 plan, the Uniform Gift to Minors Act (UGMA), the Uniform Transfers to Minor Act (UPMA), and the Coverdell Education Savings Account (ESA). Plus, he shares why it’s crucial to start saving early, and recaps key points from previous episodes in this series. Take note as Will explains: Why the 529 plan is an excellent tool for tax-free distributions for…
The skinny
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