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Americans now hold $179 billion in 529 college savings plans. But less than a third of Americans actually know what a 529 plan is, according to a recent survey by Edward Jones.
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The college savings plans now hold $179 billion, but less than a third of Americans actually know what a 529 plan is, according to a recent survey by Edward Jones.
Not all 529 plans are created equal, which is why it pays to examine a plan's portfolio construction, management style, pricing, and stewardship before investing.
You can transfer assets between prepaid 529s and 529 college-savings plans, but don't make a habit of it.