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529 plan beyond the basics

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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