One of the biggest reasons people don’t use a 529 plan to save for college is due to fears about the 529 plan penalty. We break down how the 529 plan penalty works and how you can easily avoid it. Read the full article here: https://theci.co/529-penalty

Chapters:
0:00 – Intro – 529 Plan Penalty
0:59 – What is a 529 Plan?
2:17 – Eligible 529 Plan Expenses
3:20 – Details of the 529 Plan Penalty
4:33 – How to Avoid 529 Plan Penalty
5:44 – Other Ways to Avoid 529 Plan Penalty
6:17 – Final Thoughts – 529 Plan Penalty

★☆★Resources Mentioned in this video:★☆★

💵 Ultimate 529 Plan Guide By State: https://theci.co/529-plan-guide-by-state

💵 529 Plan Tips and Tricks: https://www.youtube.com/watch?v=zACHQ5_if5w

★☆★ Want More From The College Investor? ★☆★

💻 Check out our website here: https://thecollegeinvestor.com/
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