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Wrap-Up and Rankings
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What We DON'T Recommend

These listed plans are not the only choices for funding a school plan...but they are among the best.� Other possibilities include:

Direct Payment Of Tuition - This is a plan with a state or a particular� university where you can "lock-in" tuition costs at "today's rates" by paying several years in advance. The only trouble with that is that tuition goes up an average of 4-5% per year, so your investment in this plan earns around this much.� However, the average stock market investment earns 11% per year on average.� Nuff said.�

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Federal Savings Bonds - The only good part about this type of investment is that all money earned is tax free.� Besides this, the earning rate is very low (around 4-5%)...with the other options available, this is just not attractive.

The Plain Facts

Here is a quick summary of where we rank each plan according to several key factors.� All factors are not considered in this summary...you should judge for yourselves depending on your individual situation.� Also remember that you can use a combination of plans in some cases.

Ranking Scale

<---WORST

BEST----->

FACTOR --------1------ -------2------- --------3------- --------4-------
Flexibility Education IRA State Savings UGMA Roth IRA
Yearly Contribution Education IRA Roth IRA UGMA State Savings
Greatest tax benefit PER DOLLAR (not overall) State Savings UGMA Roth IRA Education IRA
Ease of Setup State Savings UGMA Education IRA Roth IRA
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Need More Information?

College Savings Plans Network is an excellent resource to find out more about College Savings Plans.�


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<They All Sound Good

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