By Aaron Task Being a grandparent is, by all accounts, one of life’s greatest pleasures. You get all the joy of parenting without the daily responsibilities.
And no matter how close – literally or figuratively – you are to the next generation, you can play a huge role in a grandchild’s life by helping fund their college education.
A 529 plan is the best vehicle for most grandparents to help their grandkids pay for college. It definitely beats a birthday check or holiday sweater.
(It’s also a great choice for parents who want to help their children by saving early!)
Assets in a 529 grow tax-free, and …read more
