Tuesday, May 13, 2014

College Funding Solutions: A Look at the 529 College Savings Plan

However, this plan type is often restricted to plan owners and benefactors who are residents of the state where the fund was opened.

The Right Plan

The 529 Plan is a helpful scheme that has allowed many youths get the education they deserve. One state may offer several 529 Plans so it is important for would be plan owners to weigh their options carefully. Additionally, parents may also want to explore other viable college funding solutions, and advisors like John McDonough of the Studemont Group College Funding Solutions, LLC can provide these parents with the necessary guidance.


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