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Jul
28
Filed Under (Business) by admin
Nearly every state offers section 529 plans for families who wish to save money for their children's college expenses. The quality of each plan, in terms of the possible fees, rules and regulations will vary. Some plans allow the account owner to change beneficiaries, while others do not. T. Rowe Price and John Hancock manage the John Hancock Freedom 529 for the state of Alaska. This plan has a diversified investment approach to maximize a parent's return on investment dollars. There are eight fund portfolios to choose from. Fund managers will customize the best investment strategy based time frame, risk tolerance and contribution amounts.
