Today is May 29th, so if you turn on the TV news or flip open a
newspaper, you may see stories about National 529 Savings Plan Day,
aka National College Savings Plan Day.
by Congress in 1996 and not-so-cleverly named after – you guessed
it – a section in the IRS tax code, 529 plans are tax-advantaged
savings plans that parents, grandparents, aunts, uncles, and others
can establish to help pay for a child’s college education. These
plans require sponsorship by a state or a college or...Read More