Most Americans don’t know what a 529 college savings plan is, according to a survey by Edward Jones. The tax-advantaged investment plans facilitate saving for tuition and other costs while benefitting from a variety of tax breaks. Not surprisingly the study revealed that wealthier Americans know more about 529 plans than less affluent respondents. Although ideally suited to long term saving for a child’s education (usually by parents, grandparents, and other relatives), 529 plans can be used by adults as well. Come to Financial Planning for Women on Wednesday, July 10 at 11:30 or 7 pm to learn more. Check the other blog posts for info on 529 plans by searching for “college savings” and “529.”
529 College Savings Plans is topic for July 10 FPW
Reviewed by Pisstol Aer
Published :
Rating : 4.5
Published :
Rating : 4.5