The #1 question I hear from parents wondering about opening a 529 Plan to save for their child’s education is: what happens to unused money in the plan.
Don’t worry. A 529 Plan is not a use-it-or-lose-it account. There are several ways you can use those funds. Some with greater tax benefits than others.
Today you can find me at Forbes sharing three options for excess cash in a 529 Plan.
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