Understanding 529 Plans

Understanding 529 Plans

While 529 College Plans have been around for more than two decades, helping people save for their children’s tuition, it’s less well-known that the plans can be used for sidestepping certain taxes. First off, let’s explain just what a 529 plan is and who can open one....

Saving on Taxes When You Save for College

If saving for college expenses is a good thing, then saving on your taxes at the same time is even better. So, what is the best way to save for college and maximize your tax breaks? In short – a 529 Plan. Here are a few commonly asked questions about 529 college...