What Is a 529 Plan?
September 21, 2011 RSS Feed PrintSaving for college from a young age isn't just a "good idea" anymore, it's a necessity. Tuition and fees have been rising year after year at rates higher than inflation and while the economy remains a challenge, there are ways to get started on saving up for college expenses. This week, we're asking the network about one of those ways, 529 plans:
Q: What is a 529 plan and how do you set one up?
A: Consider all of your options before leaping into a 529 plan.
Don Fraser Jr., director of education and training, National Association for College Admission Counseling (NACAC)
The rising cost of college is a scary prospect for the