T the guy topic of course you like regarding the 529 agreements is the income tax favorability to own university savings. To make the much of you to definitely taxation favorability, you should learn some concepts concerning rigid 529 withdrawal laws and regulations.
Understand which costs be considered
The 529 membership income is tax-free, provided the master plan withdrawals can be used for licensed high degree expenditures throughout the calendar year (perhaps not college or university year) they might be withdrawn, and as a lot of time...