
E15: How to Offset the Cost of Education with a 529 Plan
Episode Description:
According to the 2018 Education at a Glance report, the U.S. spends more on college than almost any other country. In fact, the average college tuition in 2018 is nineteen times bigger than it was in 1971. In this episode, we explain how to offset the cost of education with a 529 plan. Even if a student in your life is not college-bound, 529s are an underrated tool that can be used for K-12 education costs and other qualified education expenses like books, supplies and computers.
Resources:
- 529 Overview {July Success Achievers Live Training Playback}
- 6 Things to Know about 529 Plans | Kiplinger
- CollegeAve 529 Plan
- Vanguard 529 Plan
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