529 College Savings Plan

With more than 2.1 million accounts, Virginia has the nation’s largest 529 College Savings Plan …which includes both prepaid and other investment options. The programs are named after the Internal Revenue code section that establishes tax advantages for participating.  But as Virginia Public Radio’s Anne Marie Morgan reports, in spite of those incentives, the prepaid program applications have declined as the costs of contracts skyrocket.

Follow

Get every new post delivered to your Inbox.

Join 225 other followers

%d bloggers like this: