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M*: 6 Fast Facts About 529s

TedTed
in The Bullpen
FYI: While there are many different options available to help save for a college education, 529 plans continue to be one of the most popular options.

Here's how they work: They are funded with aftertax dollars, which then grow tax-free. Withdrawals for qualified education expenses are also tax-free. On top of that, some states offer tax deductions or credits for contributions.
Regards,
Ted
https://www.morningstar.com/articles/718514/6-fast-facts-about-529s.html
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