Savings plans offer tax benefits

College saving plans have become a popular way for parents to put away money for their children and save money on taxes. To learn more about the tax benefits of a college savings plan, you might want to visit these sites:

• CollegeSense
Offers comparisons of 529 plans, custodial accounts and Coverdell Education Savings Accounts.

• IRS 529 Code
Details tax benefits and other advantages of a college savings plan.

• The Motley Fool
Useful insights on how to choose an education savings account.

• SavingForCollege.com
Select a state from the pull-down menu to see specifics of college savings plans in your area.