529

Every couple of years or so, I evaluate college 529 plans. These are savings plans, usually sponsored by states, that allow us to put money away to help fund college for a child or grandchild. In fact, students are increasingly turning to grandparents to help pay for college. The plan you choose…

Tax-friendly 529 savings plans no longer will be just for college.

If you want to help pay for higher education for a child or grandchild, consider using a 529 college savings plan. These plans allow you to put money aside for tuition and other college-related expenses, while getting some nice tax advantages as well. Since I have a son who will be college bound in…