College Savings Archives - Cozby & Company

How to Start Saving for College in 3 Easy Steps

Raising children brings with it many exciting milestones. Paying for college isn't one of them. If you are worried about paying for your children's college, here is a guide to help you get started: Step 1: Consider opening a college savings account. There are currently two main types, a Coverdell Education Savings Account and a 529. [...]

What is a 529 Plan?

[youtube https://www.youtube.com/watch?v=_Iqf9FpfOjw]A 529 plan is a specialized investment account that was created to help families save for future college expenses. This can be for a traditional 4-year college or university, or even a community college. The tax benefits of these accounts are undeniable. Much like a Roth IRA, the money in these accounts grows tax-free throughout [...]