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A 529 savings plan can be used to pay for your child's education, but it can also be used to fund their retirement.
However, if you want more control over investment options, you may choose a Coverdell ESA. 529s typically have pre-approved ...
Alternative Funding Options. Various tax advantages are one of the attractive features of a 529 plan, but this isn’t the only option with tax benefits.
He decided to go all-in with his kids’ college funds as well. After about ten years of saving via tax-advantaged 529 plans, he pulled the money out, took the tax penalty and put it all into Bitcoin.
If you have 529 funds that you anticipate won’t be used for education, you may be thinking about rolling them over to a Roth IRA. You might talk to your financial advisor or custodian regarding ...
BOSTON, November 07, 2024--MEFA’s U.Fund College Investing Plan has earned a Gold Medal Rating from Morningstar, placing it among the nation’s best 529 college savings plans. Families have ...
While technically you can tap your 529 plan for whatever amount you want, only withdrawals made for 'qualified education expenses' will avoid taxes. These expenses include costs such as "tuition, fees ...