529 Savings plans

529 Savings plans

Saving For College with 529 Plans

We’ve all heard the seemingly exaggerated expectations for the cost of a college education in 20 years. “A four year college is going to cost you $500,000 (if our currency still exists then) and one hovercraft!”  Seriously...hovercrafts? It seems ridiculous, and I’m certainly hoping that something is done to stem the dramatic increase in tuition costs and our future dependence upon hovercrafts as currency.  But given that both of these things seem out of my hands, I wanted to be as prepared as possible to help facilitate my kids’ college education.