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Bookmark or Share- What is a 529 college savings plan? - BlackRockA 529 college savings plan is a state-sponsored investment plan that enables you to save money for a beneficiary and pay for education expenses. You can withdraw funds tax-free to cover nearly any type of college expense. 529 plans may offer additional state or federal tax benefits.
- What Is a 529 Plan? - Saving for CollegeA 529 plan is a tax-advantaged account for education savings, covering college, K-12 tuition, and student loans. It offers tax-free growth and withdrawals for qualified expenses, with options for education savings and prepaid tuition.
- 529 Plan: What It Is, How It Works, Pros and Cons - InvestopediaSection 529 plans are tax-advantaged accounts that can be used to pay educational expenses. There are two basic types of 529 plans: educational savings plans and prepaid tuition plans.
- 529 Plans | Definition, Types, How It Works, Pros and Cons529 plans are savings plans for colleges, vocational and religious schools that provide tax advantages. Money invested in a 529 plan grows in a tax-deferred manner. Withdrawals from 529 plans for qualified education expenses are not taxed.
- 529 Plan Basics - Fidelity529 savings plans are flexible, tax-advantaged accounts designed specifically for education savings. You can take withdrawals from a 529 plan to pay for qualified education expenses at the elementary through high school levels, or for college-level and beyond.
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