529 STATE-SPONSORED PREPAID PLANS
These plans allow you to lock in the current cost of tuition for use in the future either by purchasing "units" of tuition or entering into a contract with a specified state. The money is released when the child is ready for college. Many states now offer these plans; you can find more specific information about these plans at www.collegesavings.org.
Contact Northwest Financial LLC to learn more about how these plans could fit into your education planning.
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