What is a 529 college savings plan? An economist explains
- Written by Robert H. Scott III, Professor, Dept. of Economics, Finance & Real Estate, Monmouth University
A 529 plan can pay for up to $10,000 a year for tuition at K-12 schools.MoMo Productions/DigitalVision via Getty ImagesThe college savings plan known as a “529” is often touted as a smart way to save for a child’s college education. But these plans involve more than just putting away money for college. Here, Robert H. Scott III,...
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