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Saving For College Blog

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Avoid these 529 withdrawal traps

by Joseph Hurley
Once you've entered the "withdrawal phase," of your 529 plan, be sure you make the right decisions when tapping your 529 account. Here are six mistakes you'll want to avoid.

 

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Avoid these 529 withdrawal traps
Once you've entered the "withdrawal phase," of your 529 plan, be sure you make the right decisions when tapping your 529 account. Here are six mistakes you'll want to avoid.
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Benefits of 529 plans - How to Save for College HQ PODCAST
In this "How to Save for College HQ" Podcast, Celest Horton and Kathryn Flynn discuss the benefits of 529 plans and the importance of starting to save as soon as possible.
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College Savings Timeline: Time for college
All the hard work you've put into building up your child's college savings account has paid off, and now it's time for them to head off to college. What steps do you need to take to make a 529 plan withdrawal when the first tuition bill arrives?
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VIDEO - What happens to my 529 plan money if my child gets a scholarship?
Parents are sometimes hesitant to open a 529 account for their child because they are afraid of incurring penalties on any unused funds. However, there are some exceptions to the to the penalty rule:
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8 common 529 plan mistakes to avoid
529 college savings plans are great investments, but they're not foolproof. This slideshow reveals eight of the most common errors people make when choosing, investing in, and withdrawing from 529 plans.
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