The Gift of College
If you are considering a 529 College Savings Plan for your child or grandchild – to help them meet those college expenses – there is an excellent posting to help you. Terry Savage at The Huffington Post (online) offers, just in time for holiday gift -giving, the article – Best Gift – 529 College Savings Plan (11/29/2106).
Her five points are clear, concise and can serve as a basis for discussion with your own financial planner, your Estate Planning attorney and with your family.
Keep in mind that if you are a grandparent considering the 529 College Plan, talk to your grandchild’s parents about your ‘gift’.
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