College Savings Plans Vs Prepaid Tuition Plans
We encourage you to consult with your financial adviser and legal or tax adviser regarding your individual situations before making investment, social security, retirement planning, and tax-related decisions. For information about Protective Life and its products and services, visit All Learning Center articles are general summaries that can be used when considering your financial future at various life stages. The information presented is for educational purposes and is meant to supplement other information specific to your situation. It is not intended as investment advice and does not necessarily represent the opinion of Protective Life or its subsidiaries. The best choices for each family will depend on a number of factors, one of the most significant of which is family income, as some of the tax-advantaged programs discussed here have income restrictions that don’t allow higher income families to participate. 529 prepaid tuition plans are treated as an asset of the account owne