Are 529 plans be implemented?
Recently conducted a meeting of education groups, government representatives and members of the financial industry has concluded that 529 plans can be an effective tool for saving the college, but they understood and fully utilized. According to Sallie Mae, only 21% of parents use 529 plans. In addition, only 12% of non-participants feel they have a very good understanding of the plans, and 56% have no idea at all. Of those parents who contribute to 529 college savings plans,