1. When choosing between a traditional 529 college savings plan and a prepaid 529 tuition plan, which is a better option?
2. When selecting a 529 plan are you required to invest in your state's plan?
3. What is the maximum income the account owner can make in order to contribute to a 529 plan?
4. Can 529 plan funds be used at any college or university in the country?
5. Is there a minimum contribution to open a 529 plan?
6. Will starting a 529 account affect a student’s chances of receiving student aid?
7. Once I've decided what plan is best for me how do I set up my plan?