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Education | What To Do With Leftover 529 Funds 2 года назад


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Education | What To Do With Leftover 529 Funds

The 529 plan is a tax-advantaged college savings plan designed to encourage families and individuals to save for future education expenses. The number of these plans in the United States increased by 5.9% in 2021, from 14.83 million plans to 15.7 million. In today’s continuation of our series on 529 plans, Wealth Management Advisor David Freisner will cover available options for leftover or unused funds. Leftover funds may occur when families who fully fund a 529 later discover their child gets a full-ride scholarship, decides to join the military or receives unexpected gifts or inheritances from relatives. Learn more about alternative investment opportunities: https://bit.ly/3PpaplW or contact a Fortune Financial advisor at [email protected]. The information provided in this publication is for general information only and is not intended to provide specific recommendations.

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