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529 Faq

Filed under: General — betty on Monday, December 31st, 2007 at 1:42 am

The consistent rise in college fees is making higher education really difficult. To save your child from such a situation, you can opt for a 529 college savings plan. This plan is one of the most popular and beneficial investments today. 529 College Savings is an ideal way to offer your kid best college education along with considerable saving of money. It would be immensely beneficial if you opt for this plan from the time of your baby’ birth. 529 plan assets are more advantageous for financial aid considerations: Plan assets are counted at a 5.5% rate by college financial aid offices, compared to the 35% rate used for custodial account assets.
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