Categories: Savings

529 College Savings Plan: Beneficial Investment for College Education

A 529 college savings plan allows parents to save for their child’s college tuition needs through investing in a college savings plan dedicated to higher education. The plan offers tax breaks that can help parents save money on the rising costs of college. Additionally, the money saved is not subject to federal income tax, making it an attractive option for investors. With flexible options and the ability to tailor a plan to the individual needs of the family, a 529 college savings plan is an ideal way to save for college.

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