Are you aware that you don’t necessarily have to stick with your own state 529 College Plan? Many states will let you use their plan even if you don’t live there. Of course some won’t so check to make sure before you invest any money. But it certainly pays to shop around. When you are [...]
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What happens to your Independent 529 College Plan if your son or daughter is not accepted into any of the participating colleges? Fortunately you still have options. You could roll your independent 529 plan over into a state sponsored 529 plan. You could change the beneficiary to another child. Or you [...]
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Let’s explore the independent 529-college plan. Basically it is a program designed to avoid the rampant inflation of college tuition. With this plan you can actually lock in the current price of today’s tuition that your child can later use at any member college.
Here’s how the independent 529-college plan can work for your [...]
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