News / Article

Four ways to get the most out of your 529 college savings plan

Source: cnbc.com - Jun 10, 2019

Tax-favored 529 savings plans allow families to manage the cost of higher education, yet few people understand how they operate.

May 29 marks 529 College Savings Plan Day, shining a spotlight on a savings account that allows families to save after-tax dollars, have them grow tax-free and then use the money to pay for qualified higher education expenses — such as tuition, fees and books — on a tax-free basis.

click source to read article

Category: General Business