Congratulations to Morningstar’s Gold Award-Winning College Savings 529 Plans!

529 plan awards 2015Morningstar just announced its annual awards for the best college savings 529 plans, and four plans received its coveted “Gold” rating.

No surprise. Some of our favorite “go to” plans were on the list, including the Utah and Nevada plans, both managed by Vanguard.

Just like Morningstar, we evaluate plans based on costs, investment performance, tax advantages, flexibility and ease-of-use. Selecting the right plan means more of your money goes to work for your kids or grandkids, reducing the amount you need to save.

The Utah plan is one we recommend and set-up frequently for clients. (I’ve put two kids through college using 529 college plans, and learned first-hand what works and what doesn’t!).

For most people, 529 plans are hands-down the best way to save for college, offering unbeatable tax and other advantages.

Clients are more than welcome to give us a call for help selecting and setting up a college savings program. The best plan for you depends on your state of residence and other factors, and we can help tailor the right plan for your needs.



About Mari Adam

Mari Adam, Certified Financial Planner™ has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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