529 plans are tax-advantaged savings vehicles created to help families save for education expenses. In this 15-minute video, we discuss recent changes with 529 plans, including:
- Expanded use of 529 plans for K-12 expenses, apprenticeship programs and student loan repayment
- New option to roll over unused funds into a ROTH IRA
- Favorable treatment of non-parent owned 529 plans on the FAFSA
We also discuss Private College 529 Plan, a prepaid savings solution in network with nearly 300 private colleges nationwide.
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