The 529 Evolution: From College Savings to Versatile Financial ToolThe 529 Evolution: From College Savings to Versatile Financial ToolThe 529 Evolution: From College Savings to Versatile Financial Tool
For many years, the 529 plan was a straightforward investment vehicle. Parents saved for college, children used the funds for tuition, and penalties were incurred for any remaining funds. However, the 529 and its cousin, the ABLE (529A) account, have become versatile financial tools almost halfway through 2026. Key Takeaways: Total assets in education and […]
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