Cohen Investment Advisors believes strongly in the value of a higher education and we help our clients plan for the future cost of funding education for their children. 529 plans provide a tax-advantaged way for parents and grandparents to save funds for college expenses. These plans are offered in every state and the decision can be confusing since there are so many choices. The Virginia 529 Plan is the primary choice for our clients.
Morningstar recently gave the Virginia 529 Plan its highest Gold Rating commenting that, “the plan’s sensible approach and strong underlying manager lineup has long made it a compelling option for investors. With fee cuts over the last year, the plan also looks attractive from an expense standpoint, and it now represents one of the best choices available to college savers. Both residents and nonresidents will find plenty to like with this plan.” Read the Morningstar 529 Plan Report.