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43: How to Capitalize on Tax-Free Growth for Education with 529 Plans
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Ever wondered who can open a 529 college savings plan and reap the benefits of tax-free growth for education costs? In this episode, Jessica and Brandon peel back the layers of this powerful tax advantaged savings tool. They dive into the recent changes that make 529 plans more flexible than ever, illustrating how they can be a game-changer for your family's educational funding—whether it's for a traditional college route or alternative educational paths, like vocational school.
Getting a head start on college savings isn't just a nice idea; it's a strategic move that can define your child's educational opportunities.
Tune in for a wealth of knowledge that could transform the way you approach saving for education.
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1. Understanding 529 College Savings Plans (00:00:00)
2. Planning for Education (00:06:53)
3. Comparing 529 Plans in Different States (00:13:22)
4. Maximizing 529 Plans for Education (00:22:44)
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