September 24, 2013
Tip #21 Open an online 529 account
Although it may seem like an insurmountable task, opening an online account is quick and painless, taking up about ten minutes of your time and basic information. Get started now!
Tip # 22: 529 plans are cost-effective and tax-advantaged
Opening a 529 plan is more cost-effective than other college savings options because earnings from 529 plans are not taxed when used to pay for eligible college expenses.
Tip #23: Why have 529 plans become so popular?
Opening a 529 plan has become a common investment method that is worth looking into. More than $190 billion is invested in 529 plans across the country, and more than 11 million 529 accounts are open nationally.