Saving for College, But Not on Taxes

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Much as they dislike paying taxes, Americans aren’t always attentive to (legal) methods of reducing what they owe. A survey conducted for Country Financial by Rasmussen Reports points to such neglect on the part of people who are saving (or ought to be saving) for their kids’ college educations.

Among adults “who expect to be responsible for paying for a child’s education,” just 24 percent of respondents reported using tax-advantaged accounts (529 plans, Coverdell Education Savings Accounts, etc.)

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