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  2. How to use your 529 plan to pay off student loans - AOL

    www.aol.com/finance/529-plan-pay-off-student...

    The act also permits a 529 to pay up to $10,000 in student loans for each of a beneficiary’s siblings. So the act massively expanded the 529’s ability to pay down college costs even after the ...

  3. Top 9 benefits of 529 education savings plans - AOL

    www.aol.com/finance/top-9-benefits-529-education...

    Now a 529 plan can be used to pay off up to $10,000 in the beneficiary’s student loans as well as up to an additional $10,000 in student loans for each of the beneficiary’s siblings. 8. A 529 ...

  4. Can you use a 529 to Pay Student Loans? - AOL

    www.aol.com/news/529-pay-student-loans-220332411...

    As of 2021, 43.2 million U.S. adults owe $1.75 trillion in student loan debt with an average student loan debt of $39,351, according to data review and reporting by EducationData.org. While it can ...

  5. 529 plan - Wikipedia

    en.wikipedia.org/wiki/529_plan

    529 plans are named after section 529 of the Internal Revenue Code—26 U.S.C. § 529.While most plans allow investors from out of state, there can be significant state tax advantages and other benefits, such as matching grant and scholarship opportunities, protection from creditors and exemption from state financial aid calculations for investors who invest in 529 plans in their state of ...

  6. 529 Plan Benefits: What Your College Savings Fund Can Do for You

    www.aol.com/news/529-plan-benefits-college...

    With tuition increasing at a steady pace and student loan debt reaching record highs, many parents struggle finding ways to lower the price of higher education. But a 529 college savings plan can ...

  7. How to open a 529 college savings plan

    www.aol.com/finance/open-529-college-savings...

    A 529 college savings plan can be a great way to help your future student cut down on student loan costs. Plus, these special savings plans provide some valuable tax benefits, making them ...

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