Beware The Hidden Risk Of Prepaid 529 Plans.

Many people are familiar with the standard 529 plans as a means for saving for college tuition. They are much like a 401(k) plan in that the account holder can contribute money today and have it grow tax free – provided it is used for qualifying educational expenses. But there’s a less well known cousin [...]

3 Options for College Saving Accounts.

It seems counter intuitive, that choosing the wrong kind of savings account for your child’s college fund could actually cost your child more, but that’s the world we live in – make the wrong choice, and your child may lose thousands of dollars in financial aid come enrollment time.

According to Robert Helgeson, director of [...]