The Best Way to Save for College: A Complete Guide to 529 Plans, 2005 (Best Way to Save for College)
by Joseph F. Hurley
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List Price: $22.95
Our Price: $4.89
Your Save: $ 18.06 ( 79% )
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Manufacturer: Savingforcollege.com LLC
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Average Customer Rating: 
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Binding: Paperback
Dewey Decimal Number: 332
EAN: 9780974297750
ISBN: 0974297755
Label: Savingforcollege.com LLC
Number Of Items: 1
Number Of Pages: 331
Publication Date: 2004-10
Publisher: Savingforcollege.com LLC
Studio: Savingforcollege.com LLC
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Spotlight customer reviews:
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Customer Rating:
Summary: Very Useful Book
Comment: No doubt, a very useful guide to methods of financing a college education. Also check out "WEST POINT", by Norman Thomas Remick, which clues you in about West Point, the college at which everyone is there on full scholarship paid by the government.
Customer Rating:
Summary: The best book ever written about saving for college!
Comment: This book unlocks the secrets of saving for college like the 401k plan did for saving for retirement. A real must for all families to understand. Makes a great present.
Customer Rating:
Summary: A fantastic summary of 529 plans
Comment: This book should be read by anyone planning to send a child to college.After reading this book, I started college savings accounts for my daughterin New York and New Hampshire. This is definitely the "sleeper" tax break which everyone should know about. Forget the pitiful Education IRA. The 529 plans are where it's at!!
Customer Rating:
Summary: Terrific guide to a new way to save for college.
Comment: Highly recommended. This is the first comprehensive analysis that I've seen of an extremely important and relatively new way to save on a tax-deferred basis for your children's or grandchildren's college expenses. It's well-written, comprehensive, and objective, and it gave me enough data to make an informed decision. Before I opened the book, I had researched New York's plan through another source; I was delighted to see the discussion in this book present all of the plan's features (pro and con) that I had discovered--and more.
I haven't met the author (Joseph Hurley). But when I e-mailed a question to him at the address published in the book, I received a thorough and helpful answer later the same day. That's great service from the author of an exceptionally valuable guide.
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Editorial Reviews:
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Customer Rating:
Summary: Very Useful Book
Comment: No doubt, a very useful guide to methods of financing a college education. Also check out "WEST POINT", by Norman Thomas Remick, which clues you in about West Point, the college at which everyone is there on full scholarship paid by the government.
Customer Rating:
Summary: The best book ever written about saving for college!
Comment: This book unlocks the secrets of saving for college like the 401k plan did for saving for retirement. A real must for all families to understand. Makes a great present.
Customer Rating:
Summary: A fantastic summary of 529 plans
Comment: This book should be read by anyone planning to send a child to college.After reading this book, I started college savings accounts for my daughterin New York and New Hampshire. This is definitely the "sleeper" tax break which everyone should know about. Forget the pitiful Education IRA. The 529 plans are where it's at!!
Customer Rating:
Summary: Terrific guide to a new way to save for college.
Comment: Highly recommended. This is the first comprehensive analysis that I've seen of an extremely important and relatively new way to save on a tax-deferred basis for your children's or grandchildren's college expenses. It's well-written, comprehensive, and objective, and it gave me enough data to make an informed decision. Before I opened the book, I had researched New York's plan through another source; I was delighted to see the discussion in this book present all of the plan's features (pro and con) that I had discovered--and more.
I haven't met the author (Joseph Hurley). But when I e-mailed a question to him at the address published in the book, I received a thorough and helpful answer later the same day. That's great service from the author of an exceptionally valuable guide.
College savings plans, 529 Plans, Qualified state tuition programs, QSTPs, Prepaid tuition contracts, Educational savings accounts. They go by many names, but they all represent the same thing: a REVOLUTION in the way families with children are investing for the future. What other type of program allows you to invest over $100,000 in a professionally-managed tax-deferred account for each child without regard to age or income level? Where else does your state offer significant benefits for investing, including tax deductions, income exemption, and even scholarship money. What other mechanism allows wealthier parents or grandparents to immediately reduce their taxable estates by hundreds of thousands of dollars without gift tax, and without giving up control of the assets? The answer is that no other IRS-approved program provides the combination of benefits that a Section 529 state-sponsored college savings plan does. Investing for future college expenses will never be the same again. And forget what you may have heard about these plans. You are not limited to the plan in your own state, and you do not have to send your child to an in-state college. You can even set up an account for yourself! In THE BEST WAY TO SAVE FOR COLLEGE: A Comprehensive Guide to State-Sponsored College Savings Plans and Prepaid Tuition Contracts, Joseph F. Hurley CPA describes how 529 Plans work: the tax rules, planning strategies, impact on college financial aid. He compares them to other alternatives such as the Education IRA, savings bonds, and mutual funds. And he describes the best and worst features of each state's plan, along with an exclusive "5-Cap Rating". The various state plans are not created equal. Learn which ones to use and which ones to stay away from. You've heard about them. Now it's time to learn about them. Whether you are a professional planner, a college financial aid officer, or a careful investor, you need to have all the facts. [Note: This book appears to be the FIRST comprehensive book describing 529 Plans, and 529 Plans are bound to become extremely popular, as evidenced by articles over the past six months in SmartMoney, TIME, Newsweek, Kiplinger's Personal Finance, Wall Street Journal, and others.]
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