Clark has just updated and relaunched his 529 plan guide and he’d like you to check it out. So, what’s a 529 plan? It’s a state-sponsored investment plan that allows people to sock away money for their child’s college tuition and expenses. You can put your money in any plan, but you have to be careful because some of the plans are either high-commission or completely corrupt. Clark has researched all of the plans and has listed the best plans with the three best at the top. Utah, New York and Iowa get top honors in Clark’s chart. The other 20 are part of his “Honor Roll.” If your state is on the list, open that plan. If you go into a state sponsored plan, you get a break on your taxes. You can put your money in any state plan, but you receive an added bonus if you invest in you state’s plan. If your state doesn’t offer a plan, pick one from Clark’s top 3 choices. Keep in mind that some states lent their sponsorship to several different plans, and some of those are high-commissioned, risky plans. So, be sure to choose the plan Clark recommends on his site. It is listed here. Also, if a state offers a “direct sold” option, you always want to choose that plan. 529 plans should never be opened through a commissioned salesperson.