Do you have a 529 Plan for your student(s) and you’ve seen the market go up and down and not give you a whole lot of return or even a loss?  Have you been contemplating starting a 529 Plan for your student(s) and you’ve heard other families tell of the above issues?  You may be wondering if 529 Plans are still a good college savings vehicle for students.  The short answer: yes.

This article from USA Today explains the continued value of having a 529 Plan in more depth, but know that while the return may not be as significant as you may like, it still has attractive qualities as a college savings vehicle.  Overall the market has been pretty volatile, we’ve all seen that with our retirement accounts.  The same holds true with a 529 Plan.  There are different investment options and many families have their plans fluctuate the amount of bonds and stock investments based on their children’s ages.  Doing so is a great strategy to help you grow your student(s)’ college savings accounts.

Compare different 529 Plans available on www.savingforcollege.com.  There are different benefits, minimums and limitations for each plan, so be sure to thoroughly research them to ensure that you are investing in the best option for your student and family.

Research your options today,
Val