A 529 Plan is a popular savings vehicle for a college education, and with good reason: they offer flexibility and decent tax breaks in a relatively simple package. But when it comes time to invest your 529 Plan, it’s easy to get tripped up. Should you invest in your state’s 529 plan? The beauty of a 529 plan is that you’re not stuck with your own state’s version. However, that also tends to Continue Reading
Opening a 529 Plan for College Savings
A 529 plan is one of the best ways to save for a college education. It’s tax-advantaged, flexible and available to anyone. But selecting a plan can be a confusing process. Here’s what you need to know about opening a 529 plan: Opening a 529 Plan: Investment Plans vs. Prepaid Tuition There are two main 529 plan options. The investment plan allows account owners to choose to invest their plan, Continue Reading