When should you tap into your 529 account to pay for your education?
1 “Fast Facts: Time to degree”, National Center for Education Statistics, 2022. 2 Interest Rates and Fees for Federal Student Loans, studentaid.gov, July 2022. 3 Credible.com, July 2022.
State laws and treatment may vary. Gains on non-qualified distributions will be subject to a 10% federal penalty tax. Please speak to your tax advisor for more information.
This document does not constitute financial, tax, legal or accounting advice, is provided for informational purposes only and does not constitute investment advice. Please consult your tax or financial advisor before making any decision.
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