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A 529 plan gives you a lot of flexibility about who can use the plan and when, says Van Sant. “Parents can change the beneficiaries on a 529 plan in case the originally designated child chooses ...
New York’s 529 plan, Direct Plan. New York’s plan is available to residents of any state, and it offers low-cost investment options using Vanguard funds, well known for keeping investment ...
Plans are administered at the state level, which means the rules and investment options differ from state to state. ... Say this couple have two kids and each has a 529 plan with $36500, they’d ...
If you open a 529 education savings plan, you may be asked to choose an investment option, typically from a selection of mutual funds, exchange-traded funds and bank products. Some plans operate ...
A 529 plan is a tax-advantaged way for parents to save for their children’s education expenses. The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged ...
A 529 plan works much like other types of investment accounts. You can use age-based investment strategies; conservative, moderate, or aggressive investment mixes; or a mix of funds.
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