College Savings Connection Demystifying 529 Plans











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Maximize Your Education Savings: Using 529 Plans for Housing and Food! • Have you ever wondered how to effectively use your 529 plan savings beyond just tuition fees? Our latest video in our College Savings Connection video series sheds light on one of the most beneficial yet often overlooked aspects of 529 plans – using the funds for housing and food expenses. Whether you're a student gearing up for college or a parent planning your child's educational future, this video is tailored for you! • Why This Video is a Must-Watch: • Expand Your Knowledge - Discover the flexibility of 529 plans and how they can cover more than just tuition, including off-campus housing and meal plans. • Unlock the full potential of your 529 plan and ensure you or your loved one can focus on your studies without worrying about the financial burden of housing and food expenses. • This video is your key to understanding how to use your education savings efficiently, making every dollar count towards a successful and stress-free college experience. • Don't let your 529 plan savings go underutilized. Watch now and learn how to stretch your educational savings to cover the full spectrum of college expenses! • To gain a deeper understanding of utilizing 529 plans for housing and food, and to navigate the planning process with confidence, explore these resources: • 1. WI College Savers: Check out Edvest 529 College Savings Plan ➡️ www.edvest.com • 2. Calculate how much you will need to save based on your child’s age, their college plans, your savings goals, and other important factors ➡️ www.edvest.com/resources/tools/college-savings-calculator • 3. Determine your risk tolerance to help decide which investment portfolio is best for you ➡️ www.edvest.com/resources/tools/risk-tolerance • 4. See how your college savings could add up over time based on your child’s age and how much you plan to save ➡️ www.edvest.com/resources/tools/plan-estimator • 5. Check out the list of international schools that participate in the U.S. Federal Student Loan Program ➡️ https://studentaid.gov/understand-aid... • 6. Check out the Money Talks College Walks Podcast for more information on 529s ➡️ www.edvest.com/resources/media • 7. IRS Publication 970, Tax Benefits for Education: This is your go-to guide for understanding the tax implications and qualifications for using 529 plan funds, including room and board expenses. https://www.irs.gov/publications/p970 • 8. FinAid.org: Offers a wide range of information on financial aid, scholarships, and using 529 plans for various college expenses, including room and board. https://www.finaid.org • 9. Savingforcollege.com: A comprehensive resource for everything related to 529 plans, including how to use them for different types of expenses and maximizing your plan's benefits. https://www.savingforcollege.com • 10. College Savings Plans Network (CSPN): Access detailed information on state-specific 529 plans and advice on how to utilize these plans for a broad range of educational expenses https://www.collegesavings.org • #529Plan #EducationSavings #CollegeFunding #FinancialPlanning #CollegeLife #StudentHousing #MealPlan #TuitionFees #SavingForCollege #CollegeExpenses #InvestInEducation #TaxAdvantagedSavings #HigherEducation #StudentFinance #CollegeSavingsPlan #education #savings #college #collegesavings #529 #Edvest529 #CollegeSavingsConnection #save #howto #foryou #howtosavemoney #finance #finances #financialsolutions #wisconsin

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