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A 529 college plan is a savings plan designed to help parents save money for their children's education. You can find out more information at http://www.savingforcollege.com/intro_to_529s/what-is-a-529-plan.php
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What information can you give me on a 529 savings plan?
529 Savings plans are designed to help someone save for college. Most 529 plans are state sponsored.
Where can you find reviews on the worst and best 529 college plans?
On the CBS website in the CBS moneywatch section you can find an article about the four best as well as the four worst college plans. It also give you further information about 529 college plans.
Do 529 College Savings plans adjust for inflation?
529 savings plans CAN adjust for inflation. This is usually based on the state your in and how large your savings plan is.
What is 529 college savings plan?
The best place to start would be to talk to your college adviser. They have plenty of information about 529 college savings plans and are ready to answer questions. Here is some information:http://www.savingforcollege.com/intro_to_529s/what-is-a-529-plan.php
Who qualifies for a 529 savings plan?
A 529 savings plans can be used to meet the costs of colleges nationwide. A 529 is purchased by parents to save for future college costs.
Invest in Your Child's Future With a 529 Plan?
A 529 savings plan is a special investment that is specifically designed to help you pay for your child's education. It is important to note that there are two types of 529 plans available: Pre-paid Plans- This is a 529 plan run by a specific college, and the money invested in such a plan is intended to be used at that university. College Savings Plans- This is a state run 529 plan. The savings in a state run 529 savings plan can be used at any eligible university in the country.
Who sponsors 529 Plans?
The companies that offer the 529 savings plan are Scottish Friendly, USAA, Wells Fargo, Family Investments, Saving For College and College Savings Service.
Where can I get some more information on 529 college plans?
There are many great online websites that have information concerning 529 college plans. A great one I have found is http://www.savingforcollege.com. This website has everything you need to know about many different types of loans.
How can I start saving for my child's education?
College savings plans are called 529 plans. They allow you to prepay for your childs college education. You can read more about them at http://www.savingforcollege.com/
Can 529 college funds only be used on accredited colleges and universities?
Yes, the 529 college fund can only be used towards accredited college and universities. They can also be used towards private universities. So it really depends on which one you have as there are two different 529 plans.
What are the most profitable college saving plans?
A 529 is one of the most profitable college savings programs. You can compare plans, and rates by checking out the college savings website. http://www.collegesavings.org/index.aspx
Can 529 college savings plans be used on out of state schools?
No. Since the "529" refers to a section of IRS code, it is a national program. As long as the institution you want to attend is a qualified university or college it doesn't matter which state you attend in or save in.
