Saving for college and other education plans is an increasingly challenging obstacle for many American families. Gain insights on education savings plans, state-sponsored 529 plans, and other ways of achieving your education savings goals.
How the State You Live in Affects Your College Savings Strategy
Because states offer different incentives for college savings, your state of residence can play a large role in how you prioritize different savings opportunities. Tools like 529 savings plans, state tax credits, and matching savings programs vary by state, creating a checkerboard of different savings opportunities.