PERC - Articles
Tax-Advantaged College Savings Strategies

You're ready to start saving for college, but where should you put your money? There are many college savings options, but you should generally opt for tax-advantaged strategies whenever possible.

Why is it so important to consider strategies that offer tax benefits? Because taxes can eat away at any money you might earn.

Following are some tax-advantaged savings options to consider.

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Five Year-End Tax Planning Considerations

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Legislation passed in December of 2010 extended lower tax rates, deductions, and other expiring provisions for an additional one to two years. As a result, you can consider 2011 year-end tax planning moves with a relative degree of certainty. Here are five things to keep in mind.

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Windfall Elimination Provision and You

Most California employees work for employers who do not withhold Social Security taxes from their salaries, which means that your governmental pension may reduce your Social Security benefits. This potential reduction in your Social Security is called the Windfall Elimination Provision.

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