A 529 College Savings Plan helps plan for the future for your child’s education. This popular plan has tons of perks and benefits, but the fact is, many companies offer the plans. Not all are created the same and doing your research ahead of time ensures that you find the important information you need. Check the best and worst list here.
Key Takeaways:
- A 529 plan may be your best way to save for college, but according to the latest annual ratings released today by Morningstar, not all plans are created equal.
- Topping the list were three gold-rated plans: Nevada’s Vanguard 529 College Savings Plan, the Utah Educational Savings Plan, and Virginia 529 inVEST.
- At the bottom, the negative-rated plans were South Dakota’s CollegeAccess 529, Arizona’s Ivy Funds InvestEd 529 Plan, and West Virginia’s The Hartford SMART529.
“A 529 plan may be your best way to save for college, but according to the latest annual ratings released today by Morningstar, not all plans are created equal.”
http://time.com/money/4544294/best-worst-529-college-savings-plans/
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