Sign Up
Stories
America Saves Week: 529 Education Plan
Share
Congress Revives Federal Auto IRA Plan
Pension Funding, Social Media, and Stude...
HMRC Urges Forgotten £2,000 Check
IRA Strategies for 2024
Overview
API
America Saves Week promotes practical savings strategies, emphasizing the importance of financial planning for the future. The Education Plan®, a 529 education plan sponsored by the state of New Mexico, is recommended as a reliable tool for saving for various educational costs including tuition, room and board, books, computers, and software. The plan offers tax-advantaged options for education savings, with contributions deductible on state income tax returns in some states.
Ask a question
How can individuals leverage the tax-advantaged options of the 529 education plan to optimize their future financial planning?
In what ways might the popularity of 529 education plans impact the overall savings strategies and financial planning practices of individuals and families?
What are some potential challenges or considerations to keep in mind when using the 529 education plan for future-focused financial planning?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Nov 2023
Dec 2023
Jan 2024
Coverage