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529 College Savings Plan Distribution Request Form

529 College Savings Plan Distribution Request Form

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there are a ton of different ways to save for education planning or college planning you can use an upma which is a checking or savings or an investment account the only difference it's in the child's name and you as a parent or guardian have the responsibility and oversight on that account another way is using a roth ira while the roth ira is a retirement vehicle you can also use a roth ira for education planning that's because anything that you put into a roth ira also called your principal can be taken out at any time for any reason regardless of your age and there will be no taxes or penalties on that you can also use educational savings bonds but those have relatively low rates right now and there's also the 529 plans you can use either a 529 prepaid plan or you can use the savings plan now a 529 savings plan is the one where you can put that money invested into the market in either stocks or bonds and there's a laundry list of other ways th

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