529 College Savings Plans

Posted by on Apr 9, 2012 in College Savings, Financing Education | 0 comments

529 college savings plans are tax-advantaged college savings vehicles and one of the most popular ways to save for college today. Much like the way 401(k) plans revolutionized the world of retirement savings a few decades ago, 529 college savings plans have revolutionized the world of college savings. As of June 2011, total assets in college savings plans reached an all-time high of $169.5 billion. (Source: College Board’s Trends in Student Aid 2011)

Tax advantages and more

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