What Is a 529 College Savings Plan, and What Education Expenses Can I Use It For?
Key Takeaways 529 plan funds can grow federally tax-free when used for qualified expenses The SECURE Act of 2019 expanded the list of qualified expenses, including apprenticeships and student loans Contribute up to $75,000 all at once without paying the gift tax It’s no secret that the cost of college has been on the rise. […]