Advisors’ Top 529 Questions, Answered

Our recent 529 Month webinar focused on how 529 plans are used, the impact on federal financial aid, and expanded uses. Here are some of the leading topics discussed.

Inspired by National 529 Day, many families think about college savings during the month of May and seek to learn more about 529 plans.

With the rising costs of a college education, most families recognize the importance of starting early to save for college. The structure of a 529 plan is conducive to building savings and millions of families use these plans as part of their overall saving strategy. There are also many considerations for account owners looking to optimize 529 savings as part of their tax planning.

Still, there are many savers who may not realize the full range of benefits that 529 plans may provide.

A recent 529 Month webinar hosted by Franklin Templeton Wealth Planning focused on how 529 plans are used, the impact on federal financial aid, and expanded uses.

Here are some of the leading 529 questions addressed during the webinar.