Saving for school is a no-brainer, but choosing which 529 college savings plan is best puts parents to the test, according to The Wall Street Journal.

With 85 different federally tax-exempt plans available, investors should scale back the menu of mutual funds, starting with looking locally.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.