May is sometimes celebrated as 529 month (because May 29 is 5/29…clever, no?). In the spirit of this celebration, I’m going to dedicate this month’s Wealth Management 101 to college savings. In my practice, college savings is a very common goal for parents and grandparents. With college costs continuing to rise faster than inflation, and the value of a post-secondary education undisputed, saving for higher education is key to your child’s future. This month I’ll walk you through the various vehicles available and the pros and cons of each.