CIMG0720We’re continuing our college series with an in-depth discussion of 529 plans.

529 plans are incredibly popular in all their permutations. (Many people who are currently participating in a 529 plan don’t actually realize it because they refer to it as a pre-paid tuition program.)

They’re also under attack. President Obama’s most recent budget proposal targeted them for change. (It also targeted Coverdell ESAs.)

Personally, I think 529 plans are often misused and mis-applied. The majority of the mass affluent who participate are simply not getting a huge benefit in exchange for giving up the freedom and flexibility of the money.

But, there are a number of things that can be done with these accounts that are really unique.

Enjoy part 1 of our class today and learn:

  • What the differences are between various types of 529 plans.
  • Who they’re a great fit for.
  • How to use them to pay for travel and real estate tax-free.
  • The history of the legislation affecting these accounts.

Enjoy!

Joshua

Links:

Check out this episode!

Related Episodes

Pin It on Pinterest

Share This