By Deborah Ziff
Investors choosing to open a 529 college savings plan portfolio are given options with sometimes confounding names, like “choice-based” tracks or “enrollment-based tracks.” They need to choose a plan with a low “expense ratio” and pay attention to “front end loads.”
And that’s assuming they’ve gotten past the name for the plans: 529, a somewhat off-putting term named for the section of the Internal Revenue Code that authorizes them.