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What is the best way to start saving for my child's college education?
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The best way to start saving for your child’s college education is by setting up a savings plan early. Start by researching and comparing different types of savings accounts, such as 529 plans, Coverdell Education Savings Accounts (ESAs), and Roth IRAs. Consider what type of investments are available in each account and how much you can contribute each year. Once you have chosen an account that meets your needs, open an account and make regular deposits or transfers into it. Make sure to review your options periodically to ensure that you are still meeting your goals.