8/3/2023 0 Comments E x civilization v wallpaperThere are two types of 529 plans: prepaid tuition plans and Coverdell Education Savings Accounts (ESA). You may also be able to use the funds to cover other educational costs, such as Tutoring. Contributions to a 529 plan are made with after-tax money, and the account owner can use the contributions to pay for qualifying college expenses, such as tuition, fees, room and board, and books. How can you use a 529 plan to save for your child’s education?Ī 529 plan is a tax-advantaged savings account that can help you save for your child’s education.
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