Financial Advisors Say The Darndest Things
Business:Investing
Episode Summary: Which is a tax-free savings account that can only used for educational expenses? Did you know that a 529 plan can help you save more money than a traditional savings account if used for college expenses? In this episode, host AB Ridgeway shares insights on the evolving landscape of college planning and the newly revised rules surrounding 529 education savings plans. With changes aimed at making higher education more accessible, Ridgeway discusses the "grandparent loophole" and how it benefits individuals saving for their children's or grandchildren's education.
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Quotes:
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*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.
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