Saving For College Blog


When it comes to 529 plans, parents just don't understand

by Kathryn Flynn
A study from Fidelity shows more parents are saving for college than ever before, but they are still confused about how 529 savings plans work. By missing out on these key benefits, including federal (and sometimes state) tax savings, and favorable financial aid treatment, they could be leaving money on the table.

Helpful Links


Recent Blog Posts

Check out the most recent blog activity.

4 times millennial parents should consider a 529 plan
Should all young parents have 529 savings plan? Maybe not, but it might make sense if youre in grad school, your state offers a tax deduction, you want to give a financial gift or youre already on track for retirement.
Read More

Expert tips on managing money before, during and after college
Personal finance expert Sam Renick interviews Christine Benz, director of personal finance at Morningstar. Ms. Benz offers advice for parents and students on the best ways to manage money before, during and after college. She discusses balancing financial goals, college return on investment and saving for college with a 529 plan.
Read More

Don't save for retirement: When to ignore traditional college savings advice
As college costs continue to rise, it might be smart to divert some of your retirement savings dollars into a college savings plan. Without savings, middle-class families have few options besides taking out large student loans. Learn how you can put away money for college and without compromising your retirement.
Read More

8 steps to start living your ideal financial life in 2018
Financial wellness starts by developing a healthy relationship with money and personal finance. These 8 steps will help you get your finances on track for 2018.
Read More

See more posts.

Additional Reading

Looking for more info on any of these topics?

Meet Our Authors


Reset email successfully sent.
Please check your inbox.