The Financial Planning Expert Who’s Boycotting 529s for His Kids

A Wall Street Journal report highlights why some financial experts are reconsidering the traditional wisdom of 529 college savings plans. While these tax-advantaged accounts have long been the gold standard for education savings, critics argue their restrictive nature and the unpredictability of future education costs make them a risky bet for modern families.

Penn IUR Co-Director Susan Wachter explains, the financial landscape of higher education is shifting:

Families are planning in a far less predictable environment than earlier generations did...