How to Use a Coverdell Education Savings Account
Many people who are saving money for a child’s college education are familiar with 529 Savings Plans. But what if you want to send a younger child to a private school? A 529 Plan only covers expenses for higher education. In this article, I’ll tell you about a lesser-known tax-advantaged vehicle that you can use for any level of education—from …
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Mortgage Interest Tax Deduction
As the host of the Money Girl podcast, one of the most common questions I get from show listeners is about claiming the mortgage interest tax deduction–like this one from Alice: If my husband and I forgot to take tax deductions for the past couple of years for our mortgage interest, what can we do? Is there a statute where …
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