Glossary

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What is a College Savings Plan?

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A college savings plan is the same as a 529 savings plan, or a savings plan where money can be invested to grow on a tax-deferred basis... Read Now

What is Compound Interest?

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Compound interest is interest that accrues on an amount of money plus the accumulated interest on that money. Compound interest helps... Read Now

What is a Coverdell Education Savings Account (ESA)?

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Formerly called an "Education IRA," a Coverdell Education Savings Account allows families to save money on a tax-deferred basis for... Read Now

What is a CPA?

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A Certified Public Accountant (CPA) is a tax and accounting professional who has completed a certain amount of education and passed the... Read Now
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