If 2021 is the year that you start saving for your children’s higher education, then explore 529 college savings plans. Set up by the federal government in 1996, 529s plans are the tax-advantaged way to save for whatever education comes after high school for your child. There are many reasons to save in a tax-free 529 plan, especially when compared to the typical, taxable bank savings account.
This article is restricted per publishing limits. Soon we will offer the ability to buy the ability to read this content.