Experts say financial anxiety and distress are disrupting the 2 keys in saving for college: starting early and staying invested. investinyou (In partnership with acorns.)
You can get a plan through a financial advisor, which may work if you need "a lot of hand-holding," or already have a relationship with an advisor, said Kantrowitz.Each state offers a plan, but you don't have to choose the one offered by the state you live in or the one in which your child will attend school.
Also look at the fees that are charged, which will reduce your returns. You want to get the lowest fees possible. If you are torn between a plan with a state tax break or one with a lower fee, Kantrowitz recommends focusing on the lower fees when your child is younger. The "inflection point" is around high school. Once they are that age, the tax breaks matter more.
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