Saving for college

  @Money January 14, 2013: 5:22 PM ET
NEW YORK (Money Magazine)

When it comes to saving for college, every little bit helps. Each dollar you save is one dollar you won't have to borrow or rely on someone else to provide.

So even if you get a late start or are only able to save a small amount each month, you'll still be better off than not saving at all.

And the good news is you don't have to do it alone. Uncle Sam and many states offer tax incentives that can essentially repay you for some of your contributions to college savings accounts. But of course, nothing in the tax code is simple. Here is a guide on the best ways to save for college

College savings options: The basics. There are lots of ways to save for college. Read the details on the five most popular options.

What is the best way for you to save for college? Compare the most important benefits and drawbacks of each college savings option.

What is the best 529 savings plan for you? If you decide that a 529 is the best way to save for college, we'll help you figure out which one to choose.

Five top-rated 529 plans. We've cross-checked the ratings of 529 plans by Morningstar and to find five plans that offer rock-bottom fees, attractive investment options, and other benefits.

College savings resources. Picking a college savings plan is just the beginning. Here we will give you some tips and tools to help you put a successful college savings strategy into action.

NEXT: College savings options: The basics To top of page

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