Whittier Media Acquires 529 College Savings Plan Web Site

Austin, Texas - Austin, Texas online media company Whittier Media has acquired and subsequently re-launched 529s.com, a college savings plan web site.

With the recent re-launch, 529s.com now profiles all 50 states' 529 plans. 529 plans are tax-advantaged college savings accounts. Savings in 529 plans typically grow tax free and are not taxed by the federal government if withdrawn to pay for qualified education expenses.

"We're excited to re-launch 529s.com as a data rich resource for parents looking into saving for college," says Whittier Media founder Andrew Allemann. "With the costs of college spiraling out of control, parents interested in 529 plans can easily find the information they need to make an informed investment decision."

529 plan profiles on 529s.com include state and local tax benefits, minimum investments, maximum investments, fund families, and links to the official 529 web sites.

529 plans have grown in popularity since Congress extended the federal tax breaks on 529 plans indefinitely. Many financial advisors promote 529 plans as the best way to save for college.

Along with data on all states' 529 plans, 529s.com also has an up-to-date blog covering changes to 529 plans. For example, New York recently expanded the ability for people to contribute to others' 529 plans, and Alabama added state tax deductions of up to $5,000 for contributing to a 529 plan.

"Most college savings resources are stale," says Allemann. "With the 529s.com blog, we'll be able to update parents in real time." The blog is accessible at blog.529s.com.

About 529s.com
529s.com is your one-stop destination for learning about 529 savings plans. The site lets you compare different states' 529 plans and start saving for college.

About Whittier Media
Whittier Media is an Austin, Texas-based online media company.