When is National 529 Day?

The National 529 Day is May 29th, a day in the United States, reminding families and friends that it has never been simpler to plan for a child's future. Contributing to a 529 savings plan, you can help a child prepare for whatever path they choose. On the federal level, earning income tax increases, and in most states, if savings are withheld to pay for qualified tuition and other expenses, education remains tax-free..

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Here's why 529s are one of the most adaptable and cost-effective ways to save: Here's why.

• The 529s can be used for 4-year or community colleges, career and technical schools, and registered apprenticeships. In comparison to tuition and fees, they can also cover those costs that add up, such as bed and board, fees, textbooks, and computers. And they can be used for accredited institutions in other countries
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