For National College Savings Month in September, we discuss several burning issues about these popular college savings vehicles. Assets in 529 college savings plans more than doubled in ten years, topping $370 billion at the end of 2019 according to the Federal Reserve. Interest in 529 plans has grown as students and parents fret over
Are you aware of the different options available to you when saving for your children’s (or grandchildren’s) college costs? Here is a glimpse at each option. The hallmarks of an ideal college savings plan would include limitless contributions, important tax benefits, minimal impact on financial aid, and flexibility in choosing a college. No one savings
College can seem costly, but with an early start and prudent planning, it can be reasonably affordable. Here are some options to start saving for your child’s college costs right now. The amount you’ll need to save depends on the college your child attends and the financial aid offered to you. The trick is to
The Arizona Family College Savings Program (529 Plan) forms the Section 529-College Savings Plan. It falls under the sponsorship of the State of Arizona utilizing the Arizona Commission for Post Secondary Education. The 529 Plan has been formulated to support families trying to meet the increasing expenditure involved in attaining higher education. The program offers