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Posted:01-22-2011
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The Truth About Maximizing College 529 Accounts

The Truth About Maximizing College 529 Accounts

Publisher: Pearson Education

Published on: 08/11/2010

Series: FT Press Delivers Elements

By: Lynn O'Shaughnessy

Available Formats: PDF
Requires: Adobe Digital Editions Download
Note: You will need to download and Install Adobe Digital Editions in order to open this eBook
Description
This Element is an excerpt from The College Solution: A Guide for Everyone Looking for the Right School at the Right Price (9780132365703) by Lynn O'Shaughnessy. Available in print and digital formats.What you need to know about 529 college savings plans: don't get ripped off!Advocates greeted the 529 plan as a way for parents to stuff college savings into special accounts with an attractive tax advantage. The federal government, however, did families no favor by leaving many details to individual states. Financial service companies fanned out across the country to wrestle their own piece of the action. This led to many states approving plans with mediocre mutual funds and bloated fees....
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