Lynn Swartz's husband died three years ago. Her parents have an income of over $200,000 a year and want to ensure that funds will be available for the education of Lynn's 8-year-old son Eric. Lynn is currently earning $45,000 a year. Lynn's parents have suggested that they start a savings account for Eric. They have calculated that if they invest $4,000 a year for the next 8 years, at the end of 10 years, sufficient funds will be available for Eric's college expenses. Lynn realizes that the tax treatment of the investments could significantly affect the amount of funds available for Eric's education. She asked you to write a letter to her advising about options available to her parents and to her for Eric's college education. Lynn's address is 100 Myrtle Cove, Fairfield, CT 06824?