9 myths about 529 savings plans
A 529 plan is a tax-advantaged investment account that families can use to cover educational expenses. But many families aren't aware that this type of account even exists. In fact, a recent survey by Edward Jones revealed that only about one-third of Americans recognize 529 plans as an education savings tool.
If you’re new to 529 plans, here's what to know about some of the common misconceptions.