May 29, or 5/29, is informally “celebrated” as College Savings Day. Why the hoopla? There are many ways to save for college, but flexible, easy-to-use 529 plans have become a particularly attractive option for investors given their high contribution limits, built-in federal tax benefits and potential home-state tax incentives.
If you’re wondering how you can pay four (or more) years of tuition for your children, or if you simply have questions about 529 plans, consider this report required reading.
- The two types of 529 plans
- Tax implications and benefits
- The impact on financial aid
- Special rules for grandparents
It’s never too soon to become a more-informed investor. Please complete the form to the right to receive this free, no-obligation report today!
This material is distributed for informational purposes only; and is not financial or investment advice. Speak to your financial adviser before taking specific action. Past performance is not an indication of future returns. Our statements and opinions are subject to change without notice.