A recent article from the Dallas News alerted me to a problem with the Prepaid Tuition 529 Plan in Texas. Originally, the plan let investors withdraw their funds, plus earnings, even if the designated beneficiary wasn't going to college in Texas. Now, however, the state of Texas is amending that benefit: If investors don't use their plan to pay for school in Texas, they get … [Read more...] about Are Prepaid Tuition Plans in Trouble?
prepaid tuition plan
On Monday, I launched a new series on the best ways to save for college. We explored 529 college savings plans, concluding that when you carefully compare fees and state benefits, you can really score with a college savings plan. Today we are looking at the other type of 529 Plan -- the prepaid tuition plan. (By the way, if you want to know why there are two different plans, … [Read more...] about The Best Way to Save for College: 529 Prepaid Plans