Tag Archives: 529 College Savings Plan

The 529 Plan has long been one of the most popular vehicles to save for your children’s (or grandchildren’s) education. For many families, it is clearly the best choice – especially for those funding it with less than a few hundred dollars a month.  However, there are many little-known disadvantages of a 529 plan and these are the reasons many of my clients use a smart alternative. 529 College Savings Plans have: 1)   Financial Aid: A 529 plan counts as an important asset in determining the level of … Continue reading