The white paper also encourages advisers to incorporate 529 plans into their financial planning practices because they are:
- Good for clients: advisers can help their clients plan holistically for the future.
- Good for business: 529 plans may give advisers the opportunity to work with younger families and help them offer older clients more options for gifting and estate planning.
- Good for the next generation: an education provides lasting value for the next generation of Americans.
The white paper is available for advisers registered on HartfordInvestor.com.