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Over half of Americans are unaware of 529 plans, valuable tax-free education savings accounts.
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.
Only 14% plan to use them.
These plans offer tax-free growth and withdrawals for qualified education expenses, including K-12 costs and apprenticeships.
Contributions can come from anyone, and beneficiaries can be changed if needed.
Financial advisors recommend these plans to offset education costs and aim for a debt-free future.
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Más de la mitad de los estadounidenses desconocen los planes 529, valiosas cuentas de ahorro para la educación libres de impuestos.