Ta-Check Financial’s Post

Happy College Savings Month! Here are some smart savings strategies that will help you prepare for the cost of college for you and your loved ones! 🎓529 Plans: Tax-advantaged savings plans designed specifically for education costs. 🎓Coverdell ESAs: Another tax-advantaged option with more flexibility on how funds are used. 🎓Custodial Accounts: UGMA/UTMA accounts can be used for education and other expenses. 🎓Scholarships and Grants: Encourage your child to apply for as many as possible to reduce out-of-pocket costs. 🎓Regular Savings: Consistent contributions to a dedicated savings account can add up over time #SmartCollegeSavings

A couple ways you can save for your child’s education: -529 College Savings Plans -Coverdell Education Savings Account (ESA -Custodial Accounts (UGMA/UTMA) Subscribe to my LinkedIn newsletter #FetchingFinance to learn more about these in the coming September edition.

A couple ways you can save for your child’s education: -529 College Savings Plans -Coverdell Education Savings Account (ESA -Custodial Accounts (UGMA/UTMA) Subscribe to my LinkedIn newsletter #FetchingFinance to learn more about these in the coming September edition.

🎓 Navigating college savings? Discover the power of combining 529 plans with UGMA/UTMA accounts! 🔄 Our latest article explores the benefits and strategies to optimize your approach for your child's education. 📚💰 #CollegeSavings #529Plan #UGMAUTMACombo College Savings: Combining 529 Plans & UGMA/UTMA Accounts https://lnkd.in/eTh7wuKb

The MCCA Student Savings Program: Save for your child’s education! 🎓 Have you considered saving for your child’s education and future? 💡 👨🎓With MCCA’s Student Savings Program, you can do just that. The Program is a fantastic way to save for the future of your child’s education, at a time of increasing costs of living. Set them up for success tomorrow, with a meaningful investment TODAY. 📲 Find out more & apply here: https://lnkd.in/gKiGybMa 

For the 2023–2024 college year, the average annual cost of attendance (known as the COA) at a four-year public college for in-state students is $28,840, the average cost at a four-year public college for out-of-state students is $46,730, and the average cost at a four-year private college is $60,420. The COA figure includes tuition and fees, room and board, books and supplies, transportation, and personal expenses. Many private colleges cost substantially more. (Source: College Board's 2023 Trends in College Pricing and Student Aid Report.)

For the 2023–2024 college year, the average annual cost of attendance (known as the COA) at a four-year public college for in-state students is $28,840, the average cost at a four-year public college for out-of-state students is $46,730, and the average cost at a four-year private college is $60,420. The COA figure includes tuition and fees, room and board, books and supplies, transportation, and personal expenses. Many private colleges cost substantially more. (Source: College Board's 2023 Trends in College Pricing and Student Aid Report.)

For the 2023–2024 college year, the average annual cost of attendance (known as the COA) at a four-year public college for in-state students is $28,840, the average cost at a four-year public college for out-of-state students is $46,730, and the average cost at a four-year private college is $60,420. The COA figure includes tuition and fees, room and board, books and supplies, transportation, and personal expenses. Many private colleges cost substantially more. (Source: College Board's 2023 Trends in College Pricing and Student Aid Report.)

For the 2023–2024 college year, the average annual cost of attendance (known as the COA) at a four-year public college for in-state students is $28,840, the average cost at a four-year public college for out-of-state students is $46,730, and the average cost at a four-year private college is $60,420. The COA figure includes tuition and fees, room and board, books and supplies, transportation, and personal expenses. Many private colleges cost substantially more. (Source: College Board's 2023 Trends in College Pricing and Student Aid Report.)

For the 2023–2024 college year, the average annual cost of attendance (known as the COA) at a four-year public college for in-state students is $28,840, the average cost at a four-year public college for out-of-state students is $46,730, and the average cost at a four-year private college is $60,420. The COA figure includes tuition and fees, room and board, books and supplies, transportation, and personal expenses. Many private colleges cost substantially more. (Source: College Board's 2023 Trends in College Pricing and Student Aid Report.)