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The Basics of 529 College Savings Plans

Here is our doorway to 529 plans, one of the most often used college savings plans.

There are a few ways to save for college, and one of the most often used is the 529 College Savings Plan.

With a 529 plan, you can contribute aftertax dollars into an account that then grows tax-free and can be withdrawn tax-free to cover qualified educational expenses like tuition, mandatory fees, books, a computer, Internet access, and room and board.