A report set to be released today by Morningstar selects the best and worst of the 529 college-savings plans and suggests that the recession has brought to light flaws in the plans. For example, some of the popular "age-based" plans, which shift money to more conservative investments as the student nears college age, are actually riskier than previously thought.
Thursday, April 23, 2009
Downturn shines spotlight on 529 plans
A report set to be released today by Morningstar selects the best and worst of the 529 college-savings plans and suggests that the recession has brought to light flaws in the plans. For example, some of the popular "age-based" plans, which shift money to more conservative investments as the student nears college age, are actually riskier than previously thought.
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