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2. 5 Common Questions About Spending 529 College Savings Funds

   www.aol.com/news/5-common-questions-spending-529...

   Here are answers to five common questions about how to spend money from 529 college savings plans. "Qualified expenses include tuition, fees, books, supplies and equipment required by an education ...

3. What is a 529 plan and how is it used? - AOL

   www.aol.com/finance/529-plan-used-175045824.html

   A 529 plan allows a participant to set up a tax-advantaged account to allow a beneficiary to use the funds for qualified education expenses. The participant deposits after-tax money in the account.

4. What Is a 529 Plan? Everything You Need to Know - AOL

   www.aol.com/529-college-savings-plans-worth...

   Using 529 Plans. Qualified Education Expenses. ... so check the guidelines for the state where you live for the most current list of qualified education expenses. For example, in 2018, the IRS ...

5. 529 plan - Wikipedia

   en.wikipedia.org/wiki/529_plan

   The earnings portion of money withdrawn from a 529 plan that is not spent on eligible expenses (or rolled over into an ABLE account for any eligible family member) is subject to income tax, an additional 10% federal tax penalty, and the possibility of a recapture of any state tax deductions or credits taken. For example, if $50,000 is ...

6. Are 529 College Savings Plans Tax Deductible?

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   Tax Benefits of 529 Plans. Beneficiaries reap the largest tax benefits of 529 plans. The money contributed on their behalf grows tax-free. And as long as they use the money for qualified education ...

7. What Are 529 Plan Qualified Expenses? - AOL

   www.aol.com/news/529-plan-qualified-expenses...

   You contribute money to 529 college savings plan as a tax-advantaged way to save for your child’s future education. But when your kid is set to matriculate, you can’t use those funds for just ...