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Q: 529 plan will impact my kid's college financial aid? Why and How?

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Submitted by Sam007 on Sat, 10/21/2017 - 07:19, updated on Sat, 06/04/2022 - 12:51
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Submitted by Randy on Tue, 06/21/2022 - 21:46, updated on Tue, 06/21/2022 - 21:46
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Extracted from government investor education site: https://www.investor.gov/introduction-investing/general-resources/news-a...

Each option for saving for an education has advantages and disadvantages and may have a different impact on your student’s eligibility for financial aid and your tax situation. For additional information on tax implications, please consult a tax adviser.