WideModern_agebased529_011414.jpg

Know When to Shift Age-Based College Savings

If a child decides to take a gap year, it may be time to change the investment strategy in a 529 plan.

WideModern_agebased529_011414.jpg
By SHARE

Ultimately, parents need to be aware of their finances and how much they can and want to spend on college, experts say. Then they'll be able to make good decisions about which age-based brackets and plans to choose.

Trying to save for college? Get tips and more in the U.S. News College Savings 101 center.