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Why have an account just for college?

It's easy to see the progress you're making toward your goal when you have an account just for your college savings.

The benefit of keeping your money separate

You may be planning on using a bank account to save for college and wondering why your money can't just stay there.

It's a good question, but there are really great reasons for keeping your college money separate from your other accounts.

For one thing, you can find an account type that's much better aligned with your overall goal. For instance, if you're looking to earn money on your investment or you're interested in getting tax breaks, a bank account may not be your best option.

Having a separate account also lets you see at a glance exactly how much you've saved specifically for college.

Decision time: Which account is best for you?

To figure out which type of college savings account works best for your family, you'll need to think about what's most important to you.

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