- Planning for Your Children's College Education
- Tax Savings Opportunities
- Big Picture Preview
- Fund Your Retirement Plans First
- Don't Agonize–Get Active
The tax law provides individuals with a number of ways to save for a child's college education, such as the Coverdell Education Savings Account (formerly known as the Education IRA), the Education Savings Bond Program and Qualified Tuition Programs (also called 529 plans). The law also provides some individuals with tax breaks while the child is in school, such as the American Opportunity Tax Credit, the Lifetime Learning Credit, and a federal income tax deduction for higher education expenses. It is important that you become familiar with these and other provisions of the law in order to optimize the tax-saving strategies that fit your situation.
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|Not a Bank Deposit||Not Insured by Any Federal Government Agency|
NHTrust is a trade name of New Hampshire Trust Company. Brokerage services are offered through Osaic Institutions, Inc., Member of FINRA/SIPC. Investment and insurance products are subject to investment risk, including the possible loss of value. Products and services made available through Osaic Institutions are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. Osaic Institutions and NHTrust not affiliated.
NHTrust is a brand name of New Hampshire Trust Company. We are proud to follow the TRUST approach with all customers and prospects.