With local schools back in session, this is a great time to plan for college expenses. Whether you are saving for a preschooler or a high schooler, it’s never too early or too late. 529 savings plans are a way to save for college while reducing your tax burden. They may be opened at any time. Florida Prepaid College Funds are another great option to consider. They may only be opened during an open enrollment season each year. The Florida Prepaid College Board just announced the dates for this year’s open season. They are October 15, 2015 to February 29, 2016.
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