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Special Report

Reviewing 529 Plan Benefits

Here's a short list of our favorites.

A new year means new resolutions, and even if you made a slew of 'em in January, it's never too late to consider adding a few more. Particularly welcome, of course, are the kinds of commitments that can help you prepare for a comfy retirement or important nearer-term goals such as buying a house or helping your kids afford a college education.

When it comes to that latter goal, there are few better options than 529 college savings plans. Proceeds from these plans can be used at any college in the country, and though there are often compelling reasons to invest in the state where you live, investors are free to comparison shop among the nation's plans, separate the pricey offerings from the more cost-conscious ones, and buy into a plan that best suits their (and their beneficiary's) needs.