Let’s start with why 529 plans are so popular, and why a 529 plan could be appropriate for some families. From a financial perspective, 529 plans offer tax-free growth when the funds are used for qualified educational expenses, said David Slater, co-founder of College Benefits Research Group (CBRG) in Roseland. But, Slater said, 529 plans do not provide any investment guarantees. READ MORE.
