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What is 529 college savings plan?
The best place to start would be to talk to your college adviser. They have plenty of information about 529 college savings plans and are ready to answer questions. Here is some information:http://www.savingforcollege.com/intro_to_529s/what-is-a-529-plan.php
What is 0.529 as a fraction and in simplest form?
It is 529/1000.
What exactly are 529 college plans?
A 529 college plan is a savings plan designed to help parents save money for their children's education. You can find out more information at http://www.savingforcollege.com/intro_to_529s/what-is-a-529-plan.php
Can 529 college savings plans be used on out of state schools?
No. Since the "529" refers to a section of IRS code, it is a national program. As long as the institution you want to attend is a qualified university or college it doesn't matter which state you attend in or save in.
Can 529 college funds only be used on accredited colleges and universities?
Yes, the 529 college fund can only be used towards accredited college and universities. They can also be used towards private universities. So it really depends on which one you have as there are two different 529 plans.
What information can you give me on a 529 savings plan?
529 Savings plans are designed to help someone save for college. Most 529 plans are state sponsored.
What do the numbers mean in a 529 college savings plan?
The 529 college savings plan helps people save money for college. The 529 comes from the Internal Revenue Service code section that created the savings plan in 1996. This plan is operated by the university or college.
Who qualifies for a 529 savings plan?
A 529 savings plans can be used to meet the costs of colleges nationwide. A 529 is purchased by parents to save for future college costs.
Does uPromise offer a 529 college saving plan?
Yes, they do offer a 529 college saving plan. It is also good to know that this plan is very flexible and has many benefits.
Who sponsors 529 Plans?
The companies that offer the 529 savings plan are Scottish Friendly, USAA, Wells Fargo, Family Investments, Saving For College and College Savings Service.
Why would you need a college bound fund?
A CollegeBoundfund is a Section 529 savings plan. A 529 plan is designed to enable people to save specifically for the college fees of a designated person.
How does a 529 savings account help my family?
A 529 Plan saves money for college tuition and is there is tax advantages for enrolling in this plan. It encourages family to save for their children's college fund.
