Resources
Resources
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Tips for saving for college
- Paying for a child’s college education when you failed to save enough
- Parents of school-age children should begin planning now to meet the rising costs of a college education.
- Back to school basics: How to qualify for the Hope and Lifetime Learning credits
- If you have a student heading off to college, you'll want to do some homework to see if you qualify for the Hope credit or the Lifetime Learning credit.
- Financial tips: CPAs' gift to college graduates
- Graduation for millions of college students means it's time to trade in books and binders for bills and budgets. The Maryland Association of CPAs provides the following advice to help college graduates become financially independent.
- Coverdell account or 529 plan: A side-by-side comparison
- Higher education is one of the largest financial expenses facing families today. Parents and family members who are saving for a child's education should learn all they can about Section 529 college savings plans and Coverdell Education Savings...
- Understanding Coverdell Education Savings Accounts
- Coverdell Education Savings Accounts (ESAs) are one of the most popular methods of saving for college. To help you fully understand how these accounts can be used to save for future tuition bills, the Maryland Association of CPAs provides answers...
- Get educated on Section 529 college savings plans
- For many families, Section 529 plans are a sensible and tax-savvy way to meet future education expenses.
- Financial management for grads: What they don't teach you in college
- Whether you graduated from college with a degree in linguistics or biophysics, it's likely that one of your biggest challenges right now is managing your finances.
- Get educated on the student loan interest deduction
- Many students and their parents find it necessary to take out student loans to help pay for the escalating costs of a college education. If you're among them, you may be eligible for a full or partial deduction of up to $2,500 in interest paid on...
- Tuition and fees deduction: Who qualifies and how?
- Those facing skyrocketing college tuition bills will want to learn as much as possible about how the tuition and fee deduction can lower their tax bills.
