Episode 11: 529 Accounts For College Savings

Operation Retirement Readiness

In this show, Mike and Amy the characteristics of 529s and how they might fit into your education funding goals. Mike and Amy cover:

• The two types of 529 Accounts (2:59)

• The pros and cons of each type of 529 (5:08)

• Types of qualified education expenses (6:30)

• 529s and scholarships/ penalty free withdrawals (13:08)

• State level tax benefits of 529s (15:04)

• State sponsored 529 Plans (15:32)

• Selecting a 529 beneficiary (18:38)

• Generational wealth transfer/ education funding (21:08)

Links:

www.savingforcollege.com

Operation Retirement Readiness: www.operationretirementreadiness.com

Schedule a consultation with Mike: https://nextmissionfinancialplanning.com/contact/

Schedule a consultation with Amy: https://www.instarfp.com/contact

Disclaimer: This podcast represents the views of the hosts and any guests. It is for informational purposes only and should not be considered tax, financial, or legal advice. All information is regarded to be from reliable sources. The hosts are not responsible for any losses, damages, or liabilities that may arise from the use of this podcast. This podcast is not intended to replace professional, individualized advice.