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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 ...
529 college savings plans are operated by the states, which means that each state can set its own aggregate contribution limit. In simple terms, this is the maximum total amount of money that can ...
Virginia529 (VA 529) or Virginia529 College Savings Plan is the independent state agency responsible for Section 529 qualified tuition programs offered by the Commonwealth of Virginia. [1] Since 2018, Morningstar has named Virginia's Invest529 plan among the top 529 college savings plans in its annual analysis.
A 529 plan has an owner and a beneficiary, but they can be the same person. The owner chooses the beneficiary, selects the investments and determines when withdrawals will be made. The owner can ...
A 529 plan gives consumers a tax-advantaged way to pay for education, and that’s a boon for parents and other family members who want to save for a child’s schooling. A 529 plan offers several ...
Image source: Getty Images. The first big thing to understand is what 529 distributions can be used for. While tuition is the main one, college has many other associated costs that can rack up a bill.
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