Investing in a 529 Plan can be a
key financial tool used in your family's education
plan. Balances have exploded from a billion
dollars in 2001 to over $105 billion at December 31, 2006, a 27% increase over
the prior year (Source: The Investment Company Institute). Projected
growth should mirror the 401K plans which went from 0 to $2 trillion in 20
years.
As financial
professionals and as parents and grandparents planning for our own
families' college costs, we can provide much needed guidance to our
clients in this area. Together, we will explore 529 Plans and the
key tax provisions necessary to assist you in your educational planning
needs.
