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​​529 College Savings Plans – MemberMinds Video

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A 529 plan allows individuals to save money for college on a tax-advantaged basis and can be a great vehicle to help pay for eligible college expenses. Many parents and students are trying to figure out how best to save for the high cost of college. MemberMinds host Tom Nugent and Chuck Riharb, Business Development Officer at PlanMember discuss 529 plans.
Together they review:
  • What 529 plans are and the tax advantages they provide
  • Who can use the proceeds of a 529 and what qualified expenses include
  • Who can start a 529 plan and other features of 529 plans

To get further insight about 529 plans and other college savings vehicles, contact your PlanMember Financial Professional.