WSJ: 529 Plans in a Down Market
The Wall Street Journal just published an article about college planning and 529 plans in this turbulent stock market. Among the points it makes: if you feel the need to get your money out of your 529 plan and your kid is in college, ask the college if you can pre-pay for tuition and fees. If you pull the money out of the 529 plan now and pay for college later, you will have to pay the 10% fee for withdrawing and not using the money to pay for qualified college expenses.