In my YouTube session, I discussed 529 plans, emphasizing that account ownership affects control and financial aid considerations. I advise considering alternatives like custodial accounts or irrevocable trusts for more control over funds, especially when children reach adulthood. I also touched on state-specific tax benefits and alternatives like custodial accounts for better control.
YOUTUBE VIDEO: Want College Savings Success? Watch This 529 Plans Guide
Article Last Updated On: December 23, 20240 Comments