How to Save for College

Develop a PhilosophyHow much you save may also be influenced by your values. “Do you want to pay 100 percent of the cost of any school?,” said David Ressner, a financial adviser in St. Louis, Mo. “An amount equal to the cost of their in-state...

529 Plans for College Savings

What is a 529 plan?A 529 plan is a type of savings and investment account in which money grows tax-free as long as the withdrawals are for qualified education expenses. They are named after a section of the IRS code. There are two types of 529 plans: 529 college...