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8/3/2005
A July 31, 2005 article from MSNBC explores several options that are available to help parents save and prepare for future college costs. Potential advantages and disadvantages of taxable accounts and 529 plans (such as College Illinois! and Bright Start® in Illinois) are discussed. Because each situation is unique, what seems to be the best option for one family may not be feasible for another. Parents are encouraged to take an in-depth, realistic look at their finances, and consult with an expert when necessary.
The article is available at the MSNBC.com Web site.
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