August 15, 2019

529 Education Savings Plans

Check out this updated info from FINRA about 529 plans which can know be used for K-12 expenses as well as college: http://www.finra.org/investors/alerts/529-savings-plans-before-invest?utm_source=MM&utm_medium=email&utm_campaign=S%5FAI%5F081319%5FFINAL

Also check out: 529 Savings Plan Investor Tips http://www.finra.org/investors/highlights/529-savings-plan-investor-tips?utm_source=MM&utm_medium=email&utm_campaign=S%5FAI%5F081319%5FFINAL
Among the tips: "Be aware that plans sold by brokers and advisers are generally more expensive than direct-sold plans sold by a state. If you're comfortable choosing a plan and selecting your investment options on your own, you can often save money investing in a direct-sold plan."

Utah's 529 plan has been consistently rated among the best state plans due to it's low expenses, age-based options and state tax benefits. Check out https://my529.org/
Utah's age-based plans start with an aggressive mix and automatically become more conservative as college enrollment nears. It's easy to choose the best investment option for your child, your spouse or yourself. Yes! adults can fund a 529 plan for their own education. 

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