College Planning Month Part 2: Pros and Cons of Using a 529 Account

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.

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