1. 529 Plan How to save up for college Josh Kopp Period 6

2. What is the 529 Plan A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs. A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs. As long as the plan satisfies a few basic requirements, the federal tax law provides special tax benefits to you, the plan participant. As long as the plan satisfies a few basic requirements, the federal tax law provides special tax benefits to you, the plan participant.

3. Savings Plans Savings Plans work much like a 401K or IRA by investing your contributions in mutual funds or similar investments. The plan will offer you several investment options from which to choose. Your account will go up or down in value based on the performance of the particular option you select. Savings Plans work much like a 401K or IRA by investing your contributions in mutual funds or similar investments. The plan will offer you several investment options from which to choose. Your account will go up or down in value based on the performance of the particular option you select.

4. Prepaid Plans Prepaid Plans let you pre-pay all or part of the costs of an in-state public college education. They may also be converted for use at private and out-of-state colleges. The Independent 529 Plan is a separate prepaid plan for private colleges. Prepaid Plans let you pre-pay all or part of the costs of an in-state public college education. They may also be converted for use at private and out-of-state colleges. The Independent 529 Plan is a separate prepaid plan for private colleges.

5. There are two ways to Invest Directly with the 529 Plan manager. The website is http://www.savingforcollege.com/enroll_in _a_529_plan/ Directly with the 529 Plan manager. The website is http://www.savingforcollege.com/enroll_in _a_529_plan/ http://www.savingforcollege.com/enroll_in _a_529_plan/ http://www.savingforcollege.com/enroll_in _a_529_plan/ Through a financial advisor. To find one, simply fill out the information on this website - http://www.savingforcollege.com/find_a_5 29_pro/ Through a financial advisor. To find one, simply fill out the information on this website - http://www.savingforcollege.com/find_a_5 29_pro/ http://www.savingforcollege.com/find_a_5 29_pro/ http://www.savingforcollege.com/find_a_5 29_pro/