529 Plans

Section 2: Understanding 529 Plans: Key Terminology Understanding the terminology is a key component to developing a college savings and investment plan. The terms are defined below and will be referenced throughout the guide. (more…)

Qualified tuition programs (also called QTPs and 529 plans) are actually quite straightforward by themselves. Plans typically offer simple investment choices such an age-based asset allocation, and they are relatively easy for anyone to establish and fund. For many investors, the hardest part about 529 plans is selecting the right one. Perhaps…

Section 5: Common 529 Mistakes It is difficult to execute a "perfect" college planning strategy as there are often so many unknowns. However, it is very possible to develop a solid plan to save for your child's higher education. As you think about the strategy that best suits your needs,…

Section 4: Strategies to Save for College Even high-income families are concerned about paying for college. Even if funding isn't a big issue, what is the best way to save for college? As with anything, the "best" approach will depend on your individual family situation. Consider the following tips and strategies to…

Whether celebrating the arrival of a new nephew or a granddaughter's first birthday, relatives (and friends) are often looking for meaningful gifts for their loved ones. With college costs at record highs, many parents may not be able to pay the full cost of their children's higher education without help.…