Smart Strategies for Funding Your Child’s College Education with a 529 Plan, Ep #247

Planning for your child’s college education can feel overwhelming, especially when faced with skyrocketing tuition costs and countless savings options. This week on the show, we’re discussing the question of exactly how much you should save in a 529 college savings plan.

Outline of This Episode

• [00:00] Decide your college funding goal before saving in a 529 account.
• [02:06] An overview of college costs.
• {02:35] Advantages of the 529 Plan.
• [03:54] Weighing college savings vs. retirement savings.
• [05:31] What happens if I save too much?
• [07:35] Expanded legislation as part of the OBBB.

***********

📰 See the full show notes here

🌐 Sign up here to receive a detailed pre-retirement checklist to ensure you are positioned to experience your ideal retirement.