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When Should You Start Saving for College?

Choosing a good 529 college savings plan is important, but when you start saving is key.

Susan Dziubinski: Hi, I'm Susan Dziubinski with Morningstar. Last month, Morningstar released its annual ratings of the best 529 college savings plans for 2020. But choosing a good plan isn't enough. Time is an important part of the equation. Joining me today to discuss when you should start saving for college is Madeline Hume. Madeline is an analyst in Morningstar's Manager Research group on the multi-asset team.

Thanks for being here today, Madeline.