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529 College Savings Plan
College costs are rising each year. ... With the cost of tuition on the rise, many people ask themselves how they can afford to send their children or themselves to college? The 529 College Savings Plan answers the question by offering individuals an alternative plan to save for college.
The history of the 529 plan dates back to the late 1980’s when individual states created prepayment plans that locked in the current tuition rates at public colleges. ... The problem was when the beneficiary of the prepayment plan chose not to attend the prepaid college.
Approximate Word count = 457 Approximate Pages = 1.8 (250 words per page double spaced)
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