So for the average American that’s only ever had a basic checking account, the prospect of opening an investment account can be incredibly intimidating. But opening a 529 account is actually pretty straightforward! There are over 100 savings and prepaid 529 plans available. So, here is the simplest way to pick a 529 plan:Choose a savings plan, prepaid plan, or both. Savings plans work like 401(k)s, and participate in securities markets, investing in stocks, bonds, and other securities.

Source: Forbes September 10, 2017 12:00 UTC