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Saving for College

Build an education fund without sacrificing retirement

How 529s, custodial accounts, and Coverdells really work, how college savings affect financial aid, and how to build a realistic plan.

4 lessons · about 29 minutes total · 100% free

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  1. 1. The 529 plan, explained

    What a 529 is, which expenses count, the $20,000 K-12 limit, the $35,000 Roth rollover, and what a non-qualified withdrawal costs you.

    7 min read

  2. 2. Custodial accounts and other ways to save

    A 529 is one container among several. Compare UGMA/UTMA custodial accounts, Coverdell ESAs, taxable brokerage accounts and savings bonds on control, taxes and spending flexibility.

    7 min read

  3. 3. Saving without hurting financial aid

    See how the FAFSA's Student Aid Index counts your savings: parent assets at up to 5.64%, student assets at 20%, and retirement accounts not at all.

    8 min read

  4. 4. Building a realistic college plan

    Build a college plan that fits your budget: a right-sized target, retirement first, an automatic monthly transfer, and clear exits for leftover 529 money.

    7 min read