Parents should follow these steps annually, since financial and family circumstances may change.
Anna in Riverside, Calif., thought she was doing the right thing by securing her child’s college education with a life-insurance plan. Then she read my column last week about the Gerber Grow-Up Plan, a whole life policy that provides pricey, unnecessary coverage for children.
Those who contribute to 529 college savings plans can take advantage of matching grants.
Total investment by American families in 529 plans has reached a record level of $179.02 billion.
There are no income limitations on a person's ability to contribute to an account. View All