The college goal is one of the top financial priorities of families, right up there with a good retirement. However, many parents don’t have dedicated accounts, like a 529, to save for this important goal. Or if they do, they may underutilize them. 529 plans are savings plans that are specifically designed to help you save for college and offer great tax and other advantages. Given the high-and-rising costs of higher education, most parents would benefit from using 529 accounts. So let’s review some of the benefits of these plans, and get started today!

Continue reading