I was watching the Suze Orman Show last night, and a viewer had emailed in with a question about saving for college. Suze immediately referred him to Savingforcollege.com, saying that it was the site for anyone need information on 529 plans, Coverdell plans, and everything else that makes saving for educational expenses a lot more confusing than it probably needs to be.
She's right: the site is awesome and easy to navigate. If you're in the fortunate position of being able to start saving for college before your child ships off, you owe it to Junior to spend some time looking at the site.
Here are some articles worth a look: Do grandparent contributions to 529 plans hurt financial aid eligibility? Can you use one 529 account for multiple children?
But perhaps more importantly: What is a 529 plan?
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