Even with the stock market’s recent fits and starts, 529s remain one of the best vehicles for parents to save for ballooning college expenses. But how do you know which is the best plan to invest in? A new report on the best and worst 529 plans by Morningstar, the investment research firm, is a good place to start.
The Wall Street Journal reports that Morningstar finds most state-sponsored 529 college-savings plans offer lower fees and better investment options than they did in the past. However, not all are created equal, and some do very poorly and should be avoided.
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Related: college savings plans, 529s