College Savings Connection: Are 529 Plans Worth It?

Are 529 Plans Worth It - Investing in Your Child's Future: 529 Plans Explained

Are you navigating the complex journey of saving for your child’s education? Dive into our latest College Savings Connection video, where we explain, in our opinion, why 529 plans are worth it and how they can be used as tools for investing in your child’s future dreams and aspirations.

Why This Video is a Must-Watch:
➡️ Discover the strategic benefits of 529 plans, learn how to tailor your contributions, and understand the importance of starting early and saving within your means.
➡️ With insights into target-date funds and tailored strategies based on your family’s needs, this video is your comprehensive guide to making informed decisions about your child’s educational future.
➡️ Unlock the full potential of your 529 plan and ensure you or your loved one can focus on your studies without worrying about the financial burden of housing and food expenses.

Resources for further information:
1. WI College Savers: Check out Edvest 529 College Savings Plan ➡️ www.edvest.com
2. Calculate how much you will need to save based on your child’s age, their college plans, your savings goals, and other important factors ➡️ www.edvest.com/resources/tools/college-savings-calculator
3. Determine your risk tolerance to help decide which investment portfolio is best for you ➡️ www.edvest.com/resources/tools/risk-tolerance
4. See how your college savings could add up over time based on your child’s age and how much you plan to save ➡️ www.edvest.com/resources/tools/plan-estimator
5. Check out the list of international schools that participate in the U.S. Federal Student Loan Program ➡️ https://studentaid.gov/understand-aid...
6. Check out the Money Talks College Walks Podcast for more information on 529s ➡️ www.edvest.com/resources/media
7. IRS Publication 970, Tax Benefits for Education: This is your go-to guide for understanding the tax implications and qualifications for using 529 plan funds, including room and board expenses. https://www.irs.gov/publications/p970
8. FinAid.org: Offers a wide range of information on financial aid, scholarships, and using 529 plans for various college expenses, including room and board. https://www.finaid.org
9. Savingforcollege.com: A comprehensive resource for everything related to 529 plans, including how to use them for different types of expenses and maximizing your plan's benefits. https://www.savingforcollege.com
10. College Savings Plans Network (CSPN): Access detailed information on state-specific 529 plans and advice on how to utilize these plans for a broad range of educational expenses https://www.collegesavings.org

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