Wednesday, April 8, 2020

What is a 529 College Savings Plan [and How it can Solve the Student Loan Crisis]


What is a 529 College Savings Plan [and How it can Solve the Student Loan Crisis] https://youtu.be/tUs9lxtHytI A complete guide to 529 college savings plans including how to save money on taxes and pick the best plan. I’m answering the seven most common questions about 529 plans including the pros and cons and how to get started. Get started fast with the UNest app and one of the most efficient advisor-guided 529 plans in the country. https://ift.tt/2UVbMQ6 529 College Savings Plans are one of the best financial decisions you can make, not just for your child’s future but for your own. These college savings accounts not only help you save for education but they give you a tax break while you save. Even better, you can use these investment accounts to pay for educational expenses for your children, yourself and many others. I’m detailing 529 plans including the pros and cons plus how to pick the best 529 plan in any state. These are hugely misunderstood programs and I always get a lot of questions so I’m also answering the most frequent 529 plan questions. 3:20 What is a 529 College Savings Plan? 4:20 529 Savings Plan Pros and Cons 6:25 How Do I Choose a 529 Plan? 6:50 Does My Child Have to Attend a School in-State? 7:18 How Do I Open a 529 College Savings Plan? 8:00 How Do I Invest in a 529 Plan? 8:30 What Happens if My Child Doesn't Use 529 Money? 9:20 What are the Fees in a 529 Plan? 10:12 How Much Can I Save in a 529 Plan? Join the conversation in our private Facebook Group! https://ift.tt/2SL3NCQ Join the Let's Talk Money community on Instagram! https://ift.tt/336QCQl SUBSCRIBE to create the financial future you deserve with videos on beating debt, making more money and making your money work for you. https://ift.tt/2zsdiOe Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps. #529 #collegesavings Let's Talk Money! with Joseph Hogue, CFA

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