Probably not. Pros, Cons, and Alternatives for College Savings
Parents, you've likely been told that a 529 Plan is the best way to save for your child's education. But is it? I break down 'What's a 529 Plan,' 529 plan withdrawal rules, and the often misunderstood 529 plan tax deductions.
While they can be beneficial, they also come with limitations. Learn about 529 plan alternatives that offer more flexibility, like earmarked investment accounts. I'll discuss the pros and cons, including the impact on FAFSA and potential tax trade-offs. Watch now to make an informed decision on your college savings strategy.
-Jeb
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