Wed, 18 Jun 2014
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Traditional mutual funds tend to outperform 529 plans, but tax incentives and high-quality investments can offset the college-savings vehicles' lagging returns.
Our annual study examines how 529 college savings plans stack up on price, performance, and other factors versus non-plan mutual funds.
Morningstar's Laura Lutton details the new ratings system used for 529 college-savings plans, what analysts look for in the plans, and improvements in the 529 industry.
Coverdells, UGMA/UTMAs, and 529s are among the most popular college-savings vehicles, and savers need to educate themselves on their best option for investing cost-effectively.
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