An education IRA is a tax-advantaged savings account that can be used to pay for education expenses. Funds in these accounts, which are also known as Coverdell education savings accounts (ESAs), can ...

If you are a parent or grandparent who has diligently put money aside for a youngster's college education, good for you. Now, get out a sharp pencil and rewrite the plan. But do it with a smile: ...

Education IRAs are not really a good deal for college saving. You can contribute only a total of $500 each year per child. So if Grandma sets aside $500 for a child, Mom and Dad can't do the same for ...

Sometimes life hands you a pleasant surprise. For example, when your child’s university education costs you less than you saved for. Of course, this might create a problem with what to do with the ...

529 education savings plans are powerful tools to help pay for the mounting costs of an education. Yet some people hesitate to use them. One common concern is oversaving. You can only use 529 funds ...