Tag Archives: 529 plan

Is a 529 Plan the best college savings option?‏

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

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