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5 Steps for Utilizing 529 College Savings Plan Funds

Posted by: Reyna on Aug 15 2012 / Comments (0)

Parents of students starting college this fall can finally withdraw the funds they’ve worked so hard to accumulate in their 529 plans, education savings plans with tax benefits.

But before parents request funds from their plan administrator or adviser, they have to be aware of key details, such as when tuition is due and how long it takes to ask for a distribution of funds and receive the check.

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