Quiz: How well do you know 529 college plans?

Deborah L. Meyer, Cpa,, WorthyNest Llc, CEO, and Cfp(R) •
Kiplinger
writing

Saving for college keeps getting more challenging. By 2024, the average sticker price for a year at public in-state college is expected to climb to $34,000, and for private school undergrads it could be $76,000, according to the College Board’s 2016 study “Trends in College Pricing.” For people looking for ways to fund future college

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What to know about reimbursements from 529 plans

Kimberly Lankford, Contributing Editor, and <i>Kiplinger's Personal Finance</i> •
Kiplinger
Student studying on tablet pc

[Question]My son will be starting college in Maine this fall, and we’ll withdraw money from his 529 plan for the first time. Do we need to provide the college-saving plan with evidence of eligible expenses before we can access the money? Also, is there anything special we need to do at tax time? [Answer] You

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