Monday, March 3, 2014

Pros and Cons of 529 College-Savings Plans



State 529 college-savings plans vary; not all states issue them. Plans differ, depending on the options available in each state. As you know, I like only low cost index funds as investments, So your choice ought to be made on any overall, net advantages your state plan may give you.

Another consideration should be the advantage or disadvantage for a student when seeking a scholarship, in having a 529. Is its tax benefit worth having, in view of the scholarship determination by the school? .(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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