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What is a benefit of the 529 plan?

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Anonymous

8y ago
Updated: 2/20/2022

The 529 plan has two types of plans, either the savings plan or the prepaid plan. The 529 plan lets you save for your child's education a lot easier. The 529 plan let's you save for many different colleges.

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Edward Lakin

Lvl 10
3y ago

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Related Questions

What is the benefit of a 529 savings plan?

The 529 plan has two types of plans, either the savings plan or the prepaid plan. The 529 plan lets you save for your child's education a lot easier. The 529 plan let's you save for many different colleges.


What are benefit of a 529 plan?

Many plans have a low monthly contribution requirement


Is a benefit of a 529 plan?

many plans have a low monthly contribution requirement


What is a benefit of a 529 plan?

many plans have a low monthly contribution requirement


Where can I find more information on the 529 savings plan?

A 529 plan is a great option to invest in when thinking of continuing education. There are a few different options available to you when choosing if a 529 plan in right for you. Setting up an appointment with a financial adviser would greatly benefit you in determining all the pros and cons. Here is a great site with information to help in your decision. http://www.savingforcollege.com/intro_to_529s/what-is-a-529-plan.php


What is the 529 plan?

The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.


What is 529 plan?

The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.


What 529 plan?

The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.


What is the '529 Plan Comparison'?

The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.


Can both parents contribute to a 529 plan?

Yes, both parents can contribute to a 529 plan for their child's education.


Invest in Your Child's Future With a 529 Plan?

A 529 savings plan is a special investment that is specifically designed to help you pay for your child's education. It is important to note that there are two types of 529 plans available: Pre-paid Plans- This is a 529 plan run by a specific college, and the money invested in such a plan is intended to be used at that university. College Savings Plans- This is a state run 529 plan. The savings in a state run 529 savings plan can be used at any eligible university in the country.


Can foreign grandparents contribute to a 529 plan?

Yes, foreign grandparents can contribute to a 529 plan as long as the plan allows for third-party contributions.