College Planning

How to Use a High-Yield Savings Account to Save for College

Every dollar saved for college, whether in a 529 plan or other type of account, is one dollar less that a child will have to borrow in student loans. In recent years, high-yield savings accounts have become popular due to their convenience and relatively high interest rates compared to traditional savings accounts. But, high-yield savings accounts may not always be the best way to save for college.

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College Planning Articles

How Many 529 Plan Investment Changes Can You Make Per Year?
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Can My Ex-Spouse Spend My Child’s 529 Plan Money?
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State Estate and Inheritance Tax Treatment of 529 Plans
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States that offer 529 plan grant programs
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Tools & Calculators

Savings vs Loans calculator

Find out what you can save by contributing to a 529 plan today instead of paying off a student loan later

Compare your savings options

How does each option affect financial aid?

Financial Aid Calculator

Get an estimate of your child's financial-aid eligibility (EFC)

Financial Aid Video