You are probably familiar with or have heard of 529 Educational Plans. Each state offers a different 529 plan with a selected money management firm and with different investment options and fees. You should not assume that a 529 plan is the right choice for your situation. They are not the best fit for everyone. You should also make sure you review all plans available. Your state specific 529 plan may not be the best option for you. You would be amazed at how many choices you have for your education funding goals.