Series 53: 529 College Savings Plans

Taken from our Series 53 Online Guide

529 College Savings Plans

The 529 college savings plan is a tax-free savings plan that offers families professionally-managed portfolios to help meet rising college costs. 529 plans are named after section 529 of the Internal Revenue Code and are legally known as “qualified tuition plans.” What they qualify for is exemption from federal taxes on earnings and withdra

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