Knowledge is power, and Howard Freedman subscribes to the idea that the best candidate for success is the one best armed with the power of information.

A college education is expensive but worth every penny in terms of the opportunities it can open. With escalating college costs, §529 Qualified Tuition Programs now offer tax-free benefits on earnings used for qualified education expenses. Section 529 plans are one of the most popular new savings vehicles that can be purchased individually or as an added convenience through company supported after-tax payroll deductions. Unlike §401(k) and §403(b) plans, §529 plans are inexpensive to implement, easy to maintain, have no qualification requirements, and are in great demand. What Is a §529 Plan?

Now that you are ready to transfer to a four-year college, you should be better prepared academically andfi nancially to earn your bachelor’s degree. Though the overall annual costs of a four-year college are likely to be more thana two-year program, your junior and senior years can be more affordable when you plan ahead.