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What are some advantages of the 529 college savings plan?

User Aslan
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Answer:

Tax benefits. Investing in a 529 plan has a range of tax benefits. ...

Low Maintenance. ...

High Contribution Limits. ...

Favorable Financial Aid Treatment. ...

Flexibility. ...

Penalty for Non-Qualified Withdrawals. ...

State Income Tax Recapture. ...

Limited Investment Choices.

User Kylealanhale
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