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Understanding 529 Plan Contribution Limits for 2024

Understanding 529 Plan Contribution Limits for 2024

The costs of higher education continue to rise, making it increasingly challenging for families to afford college tuition and related expenses. It’s now essential for parents and guardians to initiate their children’s education savings as early as possible....
Unlocking College Savings: A Guide to 529 Plans

Unlocking College Savings: A Guide to 529 Plans

Higher education has transitioned from a luxury to an essential pathway for personal and professional advancement in today’s economy. With this shift comes an increased demand for careful financial planning to ensure access to educational opportunities. Among...

What Do You Need to Know to Start a 529 Plan?

The average cost of a college education in the United States is $35,331 per student per year, and that cost is rising. Some students will spend up to $400,000 to earn their bachelor’s degree. For college-bound students and their parents, trying to figure out how...

529 College Savings Plans: Potential Downsides to Consider

One important step of college planning is to consider ways to start saving money to ensure your child’s future success in college. College can be expensive and having a college planner that breaks down these expenses can give you a clear picture of how much you will...

What to Know About 529 Plans This Year

The recent pandemic brought about a whirlwind of legislation changes. Many of these changes were proposed to help Americans, young and old, cope with the financial distress that has come with COVID-19. Paying for college is one aspect of finance that is always...