medium · Certified Financial Planner Tax Planning
The Beckett family wants to save for their child's education. They are in the 35% marginal tax bracket and have high income.
Which education funding vehicle is most appropriate given their goal of tax-free growth and no income phaseouts for contributions?
- Lifetime Learning Credit
- Coverdell Education Savings Account (ESA)
- Series EE Savings Bonds
- Section 529 Qualified Tuition Program
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