Posts Tagged ‘529 Plan’


How to Plan for College Using The 529 Plan

Next to saving for retirement, your biggest financial challenge is probably saving for your child’s college education.  College costs have skyrocketed!  People wonder how they will afford the cost of a college education in the future.  A 529 College Savings Plan is a very simple way to save money for your child’s college education.  The benefits are tremendous. Here are some highlights of the plan:


A College Education is Expensive…Fight Back!

According to the College Board, the average cost of tuition at a public school increased by 6.5% last year.  The average increase in tuition at a private school was 4.4%.  This put the average cost of tuition, room and board, and fees at $15,213 for the public school and $35,636 for private school.  


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