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529 Plans

Students save through government 529 plan

June 9, 2011 by Archived posts 2 Comments

By Fernando Torres |Staff Writer| There has been an increase in the amount of money put into college saving plans over the past few years because of the rising cost of tuition and the struggling economy. College savings plan, 529 is a government sponsored savings plan where anybody can put money into these college savings accounts. The purpose of this program is to plan ahead for future college expenses of the account’s beneficiary. The tuition for higher education institutions has increased dramatically in the last few years in California; more people have been putting money into California 529 accounts. According to the Los Angeles Times, the increase of money put into the 529 … [Read more...] about Students save through government 529 plan

Filed Under: News Tagged With: 529 Plans, College Savings

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