I’ve previously covered 529 plans at length, but given the outrageous costs of post-secondary education these days (and the $1.5 trillion+ in student debt created by those costs), I thought it would be worth exploring the possibilities of using a 529 plan for your own educational expenses, for those readers who are thinking about furthering their education. What is a 529 Plan? To recap, a 529 plan is a tax-advantaged savings plan designed to encourage saving and investment for future education costs for a designated beneficiary. They are also referred to as “Qualified Tuition...
[Read the rest of the story at 20somethingfinance.com]
[Read the rest of the story at 20somethingfinance.com]