529 Plans and Planning for Your Family’s Future
Special moments always happen in a flash—especially the times you treasure with your children, grandchildren, nieces, nephews, and other family members. One minute, they’re taking their first steps. Then, suddenly, they’re taking much bigger steps across a stage for high school and even college graduations. One way you can support them as they’re growing up is to help prepare for their futures by setting up 529 plans. Let’s investigate some of the nuances of 529 plans, including their tax benefits.