A Qualified Tuition Plan, commonly known as a 529 Plan, has become a popular way for parents to save money for their children's future education, and catch a tax break.
One of the following Web sites may provide useful insights:
¢ College Savings Plans Network explains a 529 college saving plan and compares features and state plans.
¢ FinAid covers several 529 topics, from the basics to tax considerations.
¢ Savingforcollege.com offers an overview of college saving vehicles, and features comparison of 529s with other saving options.
¢ SmartMoney.com offers reviews of different education saving plans and a 529 College-Savings-Plan Estimator.
¢ U.S. Securities and Exchange Commission gives answers to many of the questions that come up regarding 529s.