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A College Savings Tactic Becoming More Popular Among Parents

2018-12-18 6 Dailymotion

<br /> It's no secret that paying for college can be an expensive endeavor. <br />One way to get a leg up in savings is to open a 529 saving plan. <br />Business Insider says that the state-sponsored, tax-advantaged investment account option first started in 1996. <br />The best thing about a 529 account is that the money that you stash grows completely tax-free and can be taken out tax-free at any point— as long as the funds are used to cover college expenses tuition, fees, books, and supplies. <br />

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