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529 Plans: They’re Not Just for College Anymore

Thanks to recent changes in the federal tax law, you can now withdraw up to $10,000 per year from your child’s 529 to apply to elementary, middle, or high school costs. But bear in mind that if you’re going to start withdrawing earlier, you need to make sure there will still be sufficient funds left in the pot by the time college comes around. Kelly McNerney found some tips on how to make the most of your 529 savings plan.