529 Plans

Are You Maximizing Savings for Your Child’s Education?

October 13, 2014

     With schools now in full swing, funding education has probably crossed your mind this fall. HFG Wealth Management believes 529 plans are an excellent way parents and grandparents can save for college, similar to the way 401(k) plans help you save for retirement. Americans are pouring billions of dollars into 529 plans, and contributions are expected to increase dramatically in the coming decade. In this short period, 529 plans have emerged as one of the top ways to save for college.

     “Investing in 529 Plans proves to be a powerful tool for funding education while maintaining flexibility and providing generous tax benefits,” says Jordan Nightingale, CFP® at HFG Wealth Management. (more…)