Tag: 529

It’s no secret that college is expensive, and college education costs have only accelerated over the past decade. The staggering cost of college and its acceleration will be a significant challenge for millennial parents to meet. Parents want to know first: “How much do I need to save for college?” How Much Should I Be…

A 529 plan is a savings plan is one of the best ways to save for tuition or college expenses. A 529 offers many tax benefits and designates an individual’s tuition and related education expenses. The two main 529 plans are prepaid tuition and more typical college savings plans. Prepaid tuition plans allow the account…