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That law also permits 529 plans to be used for qualified apprenticeship expenses. Bottom line. A 529 college savings plan offers one of the best vehicles to save for a child’s educational costs ...
The two types of 529 plans include: An education savings plan that allows you to open an investment account that can be used for future education expenses, including tuition, room and board, books ...
If you open a 529 education savings plan, ... so check the guidelines for the state where you live for the most current list of qualified education expenses. For example, in 2018, the IRS expanded ...
The funds from a 529 plan are used for qualified education expenses. These expenses are typically tuition, fees, textbooks, computers and equipment and are charged to the student in relation to attending an institution defined as any eligible public, non-profit or private college or university, technical, vocational, or trade institutions.
Morningstar (MORN) has published its annual analysis of America's best and worst 529 college savings plans. If you have kids -- and higher-education-related hopes for them -- here's what you need ...
Here are answers to five common questions about how to spend money from 529 college savings plans. "Qualified expenses include tuition, fees, books, supplies and equipment required by an education ...