Investing in a child’s future calls for a long-range vision, especially if the one of the objectives includes a college education. 529 college savings plans are a great way to save over time in a tax-advantaged manner. No matter the age of a child, it is never too early and it is never too late to start saving for future college costs. However, the sooner the 529 account is started, the longer there is to reach college savings goals.
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