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Savingforcollege.com's Family Guide to College Savings

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Legg Mason is a leading global investment company committed to helping clients reach their financial goals through long-term, actively managed investment strategies.

  • Over $645 billion* in assets invested worldwide in a broad mix of equities, fixed income, alternatives and cash strategies
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  • Over a century of experience in identifying opportunities and delivering astute investment solutions to clients

About the Guide

Written for the individual investor, this guide explores the planning and savings options available to families that are saving for a child's college education.
Whether you are a new parent looking to get a head start on saving for your child's education or a grandparent wishing to help your grandkids afford their dream college, this is the PERFECT starting place to learn how to create the best savings strategy for you.

The guide covers these important topics:

  • Affording the college of your choice
  • College planning vs. retirement planning
  • Comparing college savings alternatives such as 529 plans, Coverdell education savings accounts, UGMA/UTMA accounts, and taxable investment accounts
  • Transferring assets between accounts
  • Financial aid considerations
  • Putting your college savings plan together.

Also included in the Family Guide is a comprehensive chart that compares the different aspects of 529 plans with other college savings alternatives. This makes a great quick-reference tool to research the different options side-by-side.