What You Should Know About 529 Plans
Section 529 plans are sponsored by states or educational institutions. They were originally designed to cover college costs, but their use has expanded to include postsecondary education, K-12 tuition (up to $10,000 per year), apprenticeships and credentialing programs (subject to IRS rules). Funds may be used for qualified education expenses —such as tuition, fees, books, […]
