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Tuition bills are arriving, but tapping into your 529 plan isn’t as simple as hitting “withdraw.” These expert-backed strategies can help you time withdrawals wisely, avoid tax traps, and make every dollar count.
Starting a college fund is an admirable commitment. Actually spending that money when tuition bills arrive? That’s a different emotional experience altogether – especially in today’s market environment. If you’ve been diligently building a 529 plan balance for years (or decades), you’ll want to be strategic about tapping those funds when college begins. Recent market volatility has complicated…
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