529 College Savings Plans: What You Need to Know

Date: Jun 04 2012

Filed under: College Finance

College graduationBy Mandi Woodruff

College tuition rates are heading nowhere but up these days, leaving parents and students more reliant on state-funded financial aid and student loans to finance higher education.

What might be the most accessible and simplest way to save for college — a 529 savings plan — is also one of the most widely misunderstood financial tools among consumers, according to a new survey by financial services firm Edward Jones.

Out of more than 1,000 respondents, more than 60…

529 College Savings Plans: What You Need to Know originally appeared on DailyFinance.com on 2012-06-04T00:10:00Z.

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