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 Collegesavingsmd 2013-2025

Collegesavingsmd 2013-2025 Form

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Hello, this is Jason Dahl aka financial plan man filling in for Alex Assaley with #60 in our Money Hacks series and today we're going to talk about 529 college savings plans. College savings plans allow you to invest contributions to withdraw in the future for qualified education expenses, while prepaid tuition plans college savings plans allow you to invest contributions to withdraw in the future for qualified education expenses while prepaid tuition plans allow you to purchase college credits at today's prices to be used in the future. Today we are focused on the college savings plan. These accounts are not only for the typical four-year college and university tuition costs. 529 accounts can also, be used to fund trade and vocational schools, community colleges, graduate schools, and any institutions that participate in the US Department of Education student financial aid programs. Additionally, as a result of the 2017 tax cuts and Jobs Act 529 funds up to $10,000 per

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