Celebrating Tax-Free Benefits of 529 Plans on 5/29!
To "Sum It Up", there are three primary advantages of 529 Plans when used for education:
- Tax-free growth and withdrawals
- Expanded use to not only for college, but K-12 education and payment for existing student loans
- Accelerated use of the annual gift exclusion
If you have any questions, please do not hesitate to contact us!