Comments on: 529 Plans: The Smart Way To Save For College

By: -> Happy Father’s Day: Links And Post Roundup | Bible Money Matters

Mon, 22 Jun 2009 15:04:40 +0000

[...] 529 Plans: The Smart Way To Save For College [...]

By: 10 Questions About College Savings Plans | Good Financial Cents -Jeff Rose Certified Financial Planner and Investment Advisor, Carbondale, Illinois

Sun, 21 Jun 2009 16:15:51 +0000

[...] after Section 529 of the Internal Revenue Code, 529 college savings plans provide a tax-advantaged way to save for qualified higher education expenses. These plans are [...]

By: College prepaid | College Planning Blog

College prepaid | College Planning Blog — Sat, 20 Jun 2009 15:05:33 +0000

[...] 529 Plans: The Smart Way To Save For College | Prime Time MoneyThe prepaid plan on the other hand is used to pay for tuition at today’s rate at a specific institution. If you use your states 529 plan you may be eligible for state tax deductions. Interest earned in the account (when used for college … read more… [...]

By: Eric

Eric — Wed, 17 Jun 2009 13:26:05 +0000

I agree with the last comment. 529 plans are great tools for college education. However, college savings shouldn’t be placed above your retirement planning. I would advise against investing in a 529 plan until you are maxing our your retirement options. Your children can always take out low interest gov’t loans for education; there are no loans for retirement. See more on my site.

By: ctreit

ctreit — Tue, 16 Jun 2009 20:34:44 +0000

I agree with you that 529 plans are a great way to save for college, if you have the money. (I am one of the people who are convinced that saving for your own retirement is more important than saving for your children’s college, but this really comes down to personal choice.) Researching your state’s rules for 529 plans is very important since the rules vary from state to state.