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Tag: 529 Plan

How To Set Your Teenage Child Up With A Million Dollar Retirement Account Using A 529 Plan

Posted on February 9, 2023February 9, 2023 by Doreen

The problem with 529 plans has existed since the commencement of the program. They have always carried an element of risk. You took a chance that your kid might enroll in the university, and the odds of your kid getting a scholarship were a bet you were willing to take. You took a chance by making contributions to the 529 plan. In 2024 a 529 account can be used to help your child retire with a million bucks.

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