Keyword Analysis & Research: blackrock 529

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What are some benefits of a 529 plan?

529 plans offer several benefits, including: Federal tax breaks. You won't pay taxes on 529 plan earnings, provided you use the money for qualified higher education expenses, vocational school, K-12 tuition or apprenticeship fees or expenses. ... State tax breaks. ... Age-based options. ... No Income-based restrictions. ... Prepaid tuition. ... Flexibility of use. ... A range of choices. ... The ability to change investments. ...

What is 529 plan, best college savings plan?

The 529 plan is a type of account that - for many Americans - is the best way to save for college. The benefits of 529 plans can provide parents with some respite from the tremendous costs of helping their children pay for their college education and avoid any taxes they might owe in the process.

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