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TMN1306 AAF Appl Individual Final 8 12 14 Launch DOC Mnsaves  Form

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the 529 College Savings Plan let's get right into how it works so these are dollars that get invested in after tax dollars into an investment account grow tax deferred and if they're used for college education or K through 12 they come out tax-free when you're thinking of the 529 plans think of them just like a Roth IRA these go in after tax dollars the same way that a Roth IRA does they're going to grow tax deferred and then they're going to come out tax-free as long as they're used for a qualified expense so the Roth IRAs for retirement the 529 plan is going to be for college education expenses and again when I say college education expenses I'm also talking about K-12 so any of those School related expenses you can use the 529 plan for

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