College Saving Gets Trickier

January 22, 2011  |  

(Wall Street Journal) — After being pilloried by critics and written off by many families, 529 college-saving plans are getting better. But well-heeled investors still would be wise to spread their bets around.  So-called 529 plans allow people to save for college expenses and withdraw the earnings tax-free. Many also offer a break on state income tax—savings that, in theory, an investor can roll back into the account.

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