By Investment U Research Team When people talk about socking money away for their child’s proverbial “college fund,” they’re almost always talking about a 529 plan. What is a 529 plan? If you’re going to have significant upcoming educational expenses, this account is exactly what you’ll need to pay for them. It’s an investment account that helps you accumulate wealth to pay for qualified tuition programs. Used accordingly, it’s an opportunity to grow investments tax-free so you can cover the eventual cost of college or a similar higher learning experience.
Whether you’re raising a family and thinking about the future or plan on going back …read more
