COLUMBUS, Ohio (News Talk 1480 WHBC and ONN) – Parents of prospective college students are saving their money now.
With the flexibility of 529 College Savings Plans, Fidelity Investments says some money can be used for K-to-12 and even to pay college debt.
Certain restrictions apply.
A Fidelity study has 80-percent of parents saving for college.
And with a 5-29 in Ohio, there’s a $4000 tax deduction annually for each child.