Should You Pause Your 529 Plan Contributions During the COVID-19 Crisis?
The COVID-19 crisis has been battering the U.S. economy ever since cases of the virus started multiplying in early March. Not only has the stock market been on a roller coaster ride, but millions of Americans have been forced into unemployment as social distancing mandates shuttered businesses, made certain jobs unsafe, and left countless parents without child care.
Mental health experts have said that the best way to get through the crisis is to take things day by day, week by week. But what about the long-term goals you may be focused on? Should objectives like college savings fall by the wayside as you grapple with your current reality?
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Source Fool.com