by Kristi Sullivan, CFP
There are a lot of myths around 529 plan that keep people from opening an account. I’m not suggesting that everyone must use a 529 account to save for college (see next week’s blog for alternatives). However, it is a slick tool and I hate to see people NOT using it because of misinformation.
So here’s the quick and dirty on why you would or would not use a 529 account for kids savings.