8 common 529 plan mistakes to avoid

Kathryn FlynnBy Kathryn FlynnBy Savingforcollege.com
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1. Not using a 529 plan to save for college

If you're not using a 529 plan to save for college, you could be missing out on:

  • Federal tax-free earnings growth
  • Tax-free withdrawals
  • State tax deductions or credits on contributions
  • Full control of the funds in the account
  • No income or annual contribution limits

Find your 529 plan - Select your state below

Did you know that residents are not limited to investing in their own state's plan? Another state may offer a plan that performs better and has lower fees. Select your state below to see your state's plan and other options.

Find a 529 plan in

Select your state below

AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC

Find a 529 Plan. Select your state below.

Did you know that residents are not limited to investing in their own state’s plan? Another state may offer a plan that performs better and has lower fees. Select your state below to see your state’s plan and other options.


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