Comments on: Saving for College – Coverdell Education Savings Accounts http://www.suburbandollar.com/2009/07/30/saving-for-college-coverdell-education-savings-accounts/#utm_source=rss&utm_medium=rss&utm_campaign=saving-for-college-coverdell-education-savings-accounts Where finance and reality meet Sat, 04 Feb 2012 21:54:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jason @ Redeeming Richeshttp://www.suburbandollar.com/2009/07/30/saving-for-college-coverdell-education-savings-accounts/#comment-1367 Jason @ Redeeming Riches Thu, 30 Jul 2009 19:12:25 +0000 http://www.suburbandollar.com/2009/07/30/saving-for-college-coverdell-education-savings-accounts/#comment-1367 Personally I like the 529 plans better because you are the owner and your child is the beneficiary. You can also change beneficiaries so if one child doesn't go to college you can transfer the funds to the other one who is going. Also, in Indiana you get a 20% tax credit on your State taxes for your contributions up to $1,000! That's a good deal. Personally I like the 529 plans better because you are the owner and your child is the beneficiary. You can also change beneficiaries so if one child doesn’t go to college you can transfer the funds to the other one who is going.

Also, in Indiana you get a 20% tax credit on your State taxes for your contributions up to $1,000! That’s a good deal.

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