529 plans are great investment vehicles to save for education expenses while remaining tax-sheltered, when used for qualified expenses.
Thanks to the Tax Cuts and Jobs Act of 2017, there are even more ways to spend your 529 plan dollars. What are qualified expenses that a 529 plan can be used for? Capital Group’s article explains 7 different ways that a 529 can be used including K-12, trade schools, retirement, and technology. Click on the link below to see the unique ways you can use your 529 money!