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In light of the recent headlines in Virginia and Alabama about their section 529 prepaid education plans not being able to give investors a guaranteed return to cover tuition costs, many questions about their viability as an ongoing program are going unanswered. Sadly, it does not appear that any assurances are forthcoming from even from the highest levels of state government. This is due to the fact that the states  

Are you familiar with the 529 plans? They have become quite popular because of the benefits they offer college bound students but what do you need to know. Find the 4 reasons below:

Control- Unlike UGMA’s (Uniformed Gift to Minors Account) you never lose control of the assets as the