Provides savings for future college costs.
what happens if the beneficiary changes college majors
A 529 Plan saves money for college tuition and is there is tax advantages for enrolling in this plan. It encourages family to save for their children's college fund.
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
The College Savings Bank headquarters are located in Princeton, New Jersey. The College Savings Bank offers a range of investment, plans and savings options.
a financial advisor
There are many banks that one could start a college savings account from, however if you go to collegeadvantage.com they can help assist you with a 529 college savings account in Ohio.
Bright Start Savings offer the following products and services: Investment, enroll, resources, forms, cost of college, balancing college and retirement savings.
It is a calculator that tells you how much that you need to save for college. It asks you different questions, such as, how long you plan to attend college, how much you have saved so far, ect. Link: http://apps.collegeboard.com/fincalc/servlet/calculateServlet?method=save
College savings accounts are tax free and tax deferred when they are withdrawn by the individual. The returns will vary. http://www.ehow.com/info_7994259_college-savings-accounts.html
Money put aside for a future college education.
The CSPN or College Savings Plans network is a great online resource for college savings plans. The site gives you resources to help you get started and has information for every state. The site is: http://www.collegesavings.org/index.aspx
In Minnesota, a divorce should not affect a child's savings account for college in a divorce.