No matter where you stand today, it’s never too late to save for your college education goals. Modern Woodmen offers excellent savings plans that can help you get on the right track.
529 College Savings Plan
A 529 College Savings Plan allows you to make annual contributions in some cases greater than $250,000 toward education expenses. These funds are held in a special tax-deferred account, and you retain control over how your funds are invested. More>>>
| Coverdell Education Savings Account
You can contribute up to $2,000 per year toward education expenses with a Coverdell Education Savings Account. Investment earnings and qualifying withdrawals are free from federal income tax More>>>
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UGMA and UTMA Accounts
With a UGMA (Uniform Gift to Minors Act) or UTMA (Uniform Transforms to Minors Act) Account, you can make convenient financial gifts to a minor. Although commonly used to fund educational expenses, assets in these accounts can be used for the general benefit of the minor. More>>>
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