college

What you need to know about 529 plans

Student Loans » What You Need To Know About 529 Plans

What you must know about 529 plans
What you must know about 529 plans

One of the most popular college savings vehicles -- with good reason -- is the 529 plan.

Offering federal and, in some cases, state tax advantages, 529 plans are low maintenance, provide tax-deferred growth and make less of an impact on a student's financial aid package than assets stored in checking and savings accounts.

These plans are also complex, and choosing the one that fits your family can be difficult. Know these seven things before opening a 529.

advertisement

Show Bankrate's community sharing policy
          Connect with us
  • at
  • Private student loan search by SimpleTuition.com
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us