Tax Credits - image: College Graduation (Creative Commons)

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FedLife Podcast (ep. #118): Tax Credits for Your Child’s Education

This podcast episode explores saving for your kid’s education costs, including Coverdell Education Savings Accounts (ESAs). Dan and Ed delve into the world of ESAs, 529s, and other strategies to help pay for your child’s education. Learn about the complexities of saving for higher education.

Featured in this episode:

  • Tax benefits
  • Flexible investing options,
  • Comparing college savings plans I
  • Who can contribute to these plans?
  • Covering costs for college
  • Transferring unused funds to a Roth IRA
  • Benefits of Savings Bonds
  • Savings bond interest exclusion
  • Dependent care assistance plan
  • What is a non-refundable tax credit?

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“Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC.  Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Lee, Sipe & Associates, Inc. is not a registered broker/dealer and is independent of Raymond James.  Content represents the opinions of the speaker and not necessarily those of Raymond James.  Important Disclosure Information:  http://raymondjames.com/smicd.htm 

Tax Credits - image: College Graduation (Creative Commons)

Podcast: Tax Credits - Saving for College