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Saving for future college expenses is a concern for most anyone with children. Fortunately, there are a number of different ways that one can choose in order to meet their objectives. Each choice offers their own advantages and disadvantages. Generally, there are five options - Custodial Accounts (UTMA and UGMA), Education IRAs, Section 529 Plans, Education Bonds, and taxable accounts in the name of the parent. Bills Asset Management would welcome the opportunity to discuss each option with you in greater depth.
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