The Wealthy Parent Newsletter

The Wealthy Parent Newsletter

When to Skip Your State’s 529 Plan

May 19, 2025
∙ Paid

💼Don’t Let a Tiny Tax Break Woo You

Your state might offer a tax deduction for using its 529 plan but what if that small perk is hiding higher fees or clunky investment choices? Saving for college is a long game and using your state’s plan could actually cost you more in the end. Today I’m sharing 5 reasons to let your eyes wander to other states’ plans…

User's avatar

Continue reading this post for free, courtesy of Kelly L. Palmer, CFA, CFP®.

Or purchase a paid subscription.
© 2026 Kelly L. Palmer, CFA, CFP® · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture