College tuition and room and board are getting more expensive by the year, so if you have children it may be time to save. College Savings Plans (529 plans) can minimize the amount of student loans you and your children will be responsible later in life, helping them get off to a running start in life, and helping you rest easy about how you will afford the tuition and fees.
Start Saving for College Early and Pay Less
The earlier you start, the less you will have to put into a good college savings plan, and the more interest it will accrue. It works the opposite of student loans, where the more you borrow, the more extra money you spend in years to come.