Sunday, August 24, 2014
Looking into Solutions for College Funding? Basics of the 529 Plan
"However, the named beneficiary isn’t the only one who can take advantage of what’s been saved up in his 529 plan. If your child who is the beneficiary chooses not to go to college, the account owner, or you, the parent, can change to any immediate family member who will go to college, or even to descendants of the named beneficiary. Firms like The Studemont Group College Funding Solutions, LLC, with their founder John McDonough, can help you find the best college funding solutions just suited to your needs. Be sure to ask your consultant as many questions as you can about the possibility of getting started on a 529 college plan."