Saving for College: 529 vs. Taxable Account Which is Better?

👑A Battle of Accounts

While 529 accounts are a great college savings account they also can feel restrictive. What if your child doesn’t go to college, then what? What if they get an amazing scholarship, do you just lose all the money you saved? You might have heard there is a penalty for withdrawing if you don’t use the money for college…how bad is that…