Our Thoughts

Are You Being Smart About Your 529 Withdrawals?

Saving for your child’s future education through a 529 plan is easy peasy right? Wrong. While making automatic contributions INTO the account can be relatively straightforward, there are a variety of factors you need to take into consideration when withdrawing money OUT OF a 529 plan: taking out too much, taking out too little, taking it out in the wrong year, or even taking it out from the wrong account!

Luckily, we’ve got Financial Advisor Kelly McNerney on hand to share some top tips for making smart withdrawals from your 529 plan.