529 Plans: Beyond the Basics
Traditionally 529 plans were used to save for college in the future. While you can still do that, and probably should at a certain point, there are other ways to take advantage of the tax benefits these plans offer. Strategies include:
- Paying for college now, even if you don’t have a 529 plan yet
- Paying for k-12 tuition, even if you don’t have a 529 plan yet
- Paying your student loans, even if you don’t have a 529 plan yet
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