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flag Over half of Americans are unaware of 529 plans, valuable tax-free education savings accounts.

flag A recent study by Edward Jones and Morning Consult shows that 52% of Americans are unaware of 529 plans, education savings accounts with tax benefits. flag Only 14% plan to use them. flag These plans offer tax-free growth and withdrawals for qualified education expenses, including K-12 costs and apprenticeships. flag Contributions can come from anyone, and beneficiaries can be changed if needed. flag Financial advisors recommend these plans to offset education costs and aim for a debt-free future.

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