529 Plans: The Ultimate Guide To College Savings Plans
7:29
thecollegeinvestor.com
529 Plans: The Ultimate Guide To College Savings Plans
Every state offers a 529 plan to help you save for college, so we break down what to know, what you get, and where to open 529 plans in your state.
May 3, 2020
529 Plan Explained
FAFSA Loans & 529 Plan Explained – College 101 (Part 15) πŸŽ“πŸ’‘ When planning for college, FAFSA is often the first thing parents think about but it’s not the only tool available. πŸ“Œ What is a 529 Plan? A tax-advantaged college savings plan that can be used for: βœ”οΈ Tuition & fees βœ”οΈ Room & board βœ”οΈ Books & supplies βœ”οΈ Required equipment πŸ’‘ Why 529 Plans Matter * Earnings grow tax-free when used for education * Owned by parentsβ€”not the student * Has less impact on FAFSA compared to student assets ⚠
3:00
FAFSA Loans & 529 Plan Explained – College 101 (Part 15) πŸŽ“πŸ’‘ When planning for college, FAFSA is often the first thing parents think about but it’s not the only tool available. πŸ“Œ What is a 529 Plan? A tax-advantaged college savings plan that can be used for: βœ”οΈ Tuition & fees βœ”οΈ Room & board βœ”οΈ Books & supplies βœ”οΈ Required equipment πŸ’‘ Why 529 Plans Matter * Earnings grow tax-free when used for education * Owned by parentsβ€”not the student * Has less impact on FAFSA compared to student assets ⚠
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