Saving for college? Section 529 plans offer a variety of tax benefits
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Description
Abstract: Of all the vehicles available for college savings, Section 529 plans are perhaps the most versatile. They’re available to anyone, regardless of income level. They offer generous contribution limits. And they provide significant income tax and estate planning opportunities. This article focuses on the income and estate planning benefits of college savings plans, while a sidebar looks at prepaid tuition plans.
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