What’s the best way to save for college?
Lately we’ve been talking about student loans and how to best pay them off lately. This week we’re talking about something similar: 529 plans.
A 529 is a savings plan that offers tax benefits to encourage saving for future education costs. Sure, you can save for college in a standard savings account but a 529 has a bunch of advantages that will make a dollar saved now stretch further when it’s time to pay for college. Even if you’re not saving for college right now read the short article here, you never know what the future will bring.