May 29 is 529 College Savings Day—a day to raise awareness about the value of planning and saving for higher education expenses with 529 plans. With that in mind, we have some insights and reminders for you about this important savings vehicle. Education expenses represent one of the largest financial commitments that people make in their lifetime. Pairing that with earnings potential derived from education, it is also one of the most important purchases that many people will make. In ... [Continue Reading]
Articles and resources related to Education Planning.
With springtime comes graduation season, a time when many parents and grandparents examine their educational savings strategies and take action—discussing them as a family and, in many cases, redoubling their efforts to save funds for future college-bound graduates. Although 529 college savings plans are growing in popularity, roughly 66% of investors 1 are unaware of them and their benefits. A recent study suggests that, on average, a child is seven years old when a 529 account is ... [Continue Reading]