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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  

This week a very important update was announced regarding 529 college savings programs. The IRS effectively removed the longstanding limitation of making changes in investment strategies to once a year.