Are 529 college savings plans necessary?

When you want to save for the education of your son, you keep thinking of all the ways that you can do it. One way that you can seriously think about is the  529 college savings plans  that have become very popular over a short period of time. These plans allow you to put away some amount of money on a regular basis, so that you can use the same later on. The 529 college savings plans ensure that you have enough money when your son goes to college; you do not have to depend on anyone for help.

 

This entry was posted on Wednesday, February 13th, 2008 at 9:40 pm and is filed under Finance.