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The Pros and Cons of The 529 With Sean Mullaney

The Personal Finance Podcast

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Flexibility of Taxable Accounts vs. 529 Plans for Education Savings

This chapter explores the advantages of using taxable brokerage accounts over 529 plans for parents saving for their children's education, highlighting the flexibility and multiple purposes that taxable accounts can serve. It also addresses concerns about scholarships and non-college attendance, as well as potential ways to redirect saved funds.

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