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A father is now planning a savings program to put his daughter through college. A father is now planning a savings program to put his daughter through college. His daughter is now 13 years old. She is 13 plans to enroll at the university in 5 years and she should graduate 4 years later. The daughter recently received 7500 from her fat her. Part savings program part investment program earnings on your contributions grow tax free and withdrawals are not taxed if used for qualified educational expenses.
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A father is now planning a savings program to put his daughter through college. Currently the annual cost for everything -food clothing tuition books transportation and so forth is 12000 but these costs are expected to increase by 5 annually. The right savings strategy will get you where you need to go on your financial journey.
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