529 plans Archives - Orange County Breeze

529 plans: Not just for college

On: August 12, 2021

If you’ve heard of 529 plans, you might think they can only be used to help pay for college. And you wouldn’t be alone: Less than one-third of adults properly identified that a 529 plan can be used for more than just higher education, according to a survey by Morning …continue reading

Take a closer look at myths surrounding 529 plans

By: Edward Jones Financial Advisors

On: May 24, 2019

In: Financial, Personal Finance

If you want to help pay for your children’s college educations, you might want to consider contributing to a 529 plan. With this plan, your earnings grow federally tax-free, as long as the withdrawals are used for qualified higher education expenses such as tuition and room and board. Yet, you …continue reading