Is The 529 Plan Really the Best Option for Your Kids?
One of my most frequently asked questions is answered today! In Episode 112 of Ambitious Money Podcast, I’m addressing the ever-illusive question ‘Is the 529 Plan the best for my child?”
Spoiler alert: Maybe not!
We’re going to dive into the pros and cons of this type of account including tax advantages, it’s impact on financial aid, and who can be a contributor.
If you want to know more about the 529 plan and the other accounts I mentioned in today’s episode and want to make sure you’re totally armed with the right information to set your kids up for future success, Click Here to grab my self-guided Rich Kids Workshop and start investing for your kids today!
My Favorite Millionaire Resources
IRS for 401K Contribution Limits
New to Investing? Beginner Investing Books I Recommend
Bogleheads Guide - Three Fund Portfolio
FIRE - Financial Independence Retire Early
Connect with Christy on Instagram for Business & Money Tips
Instagram: @moms.who.invest
Get my Ultimate Beginner's Guide to Investing for Women
Work with Christy