Parents may save more for a child’s education as a result of changes to qualified tuition programs, better known as 529 plans. A 529 plan can be used to pay up to $10,000 per year, per child for K-12 tuition expenses. 529 Plans: Tax-Free Tuition Savings A 529 plan provides a tax incentive to help […]
The post Parents May Use 529 Plans to Pay for Children’s K-12 Tuition Expenses appeared first on Tax & Accounting Blog.