College is not an easy expense to meet. Planning early on for tuition and costs can help to ease the burden of the costs of a higher education. TD Ameritrade offers financial products that can help you save for your child’s and grandchild’s future education expenses. Education with Ameritrade is a quick an easy opportunity for families to save for future tuition expenses.
It has been increasingly harder and harder for students to attend college and other forms of higher education without debt but with the right planning tools for TD Ameritrade education debt can easily be avoided. Education with Ameritrade can be debt free!
Saving for college also has perks like tax benefits! Ameritrade is a reliable, trusted source that offers flexible products for future education costs that are made to suit every families needs. Education with Ameritrade is one of the best options there is for a stress free, debt free education.
The 529 Plan
The 529 Plan offers a great way for every family to save for college. It offers a “no annual contribution” with the 529 plan which means you can stash as much or as little money as you choose. You are in the driver seat with this plan. TD Ameritrade offers no income limitations for the 529 Plan however these plans are governed by the state that you live in so there are some rules that vary from state to state. More information is available in the free TD Ameritrade 529 handbook.
Coverdell Education Savings Account
The Coverdell ESA is another option that is offered through education with Ameritrade that is a tax deferred savings option which means that it allows your money to grow faster. This option allows you to invest in mutual funds, stocks and bonds that will someday help to pay for qualifying education expenses.
Custodial Uniform Gift to Minors Act
This plan allows minors to have stocks, bonds and other instruments that are overseen by a custodian until they reach 18 years old. All deposits made into the account are irrevocable gifts to the minor.
All the jargon can be confusing. Education and Ameritrade makes it easy to figure out which plan is right for your family. You can compare plans and see which options are best. You can compare plans, get more information and open an account right online with TD Ameritrade. Saving has never been so simple.
*You may also like: