by Jeffrey Hull | Sep 1, 2020 | 529 Plans
Only 33% of U.S. parents are aware of 529 plans, according to an Edward Jones survey. This means that less than 33% actually understand what a 529 college savings plan is (as opposed to those that recognize it by name only), and even less have adopted one for...
by Jeffrey Hull | Aug 4, 2020 | 529 Plans
One of the major friction points for parents when deciding to enroll in a 529 college savings plan is the potential consequences of not using the funds for eligible, or “qualified,” higher education expenses. It’s no surprise, qualified expenses for...
by Jeffrey Hull | Jul 21, 2020 | 529 Plans
Data shows that new parents are more motivated than ever before to save for their children’s college. However, there are a quite a few barriers keeping new parents from doing so. Finding the time to sort through all of the savings options is often not...
by SavvyFi | Jun 23, 2020 | 529 Plans
You’re finally ready to start your child’s college fund. You’ve decided on the 529 plan as your account type, which is a pretty solid choice, but there is one last question you must answer before finally pulling the trigger: “What happens to my 529 plan if...
by Jeffrey Hull | Jun 16, 2020 | 529 Plans
Today’s parents are starting their college funds much earlier than previous generations. In fact, a Vanguard study of its 529 plan account owners shows that the majority of today’s parents open their baby’s 529 college fund before they are born or shortly...
