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Daily Archives: October 18, 2022

Investing in the future with a 529 education plan

For Individuals, TaxBy NBZ StaffOctober 18, 2022

If you have a child or grandchild who’s going to attend college in the future, you’ve probably heard about qualified tuition programs, also known as 529 plans. These plans, named for the Internal Revenue Code section that provides for them, allow prepayment of higher education costs on a tax-favored basis. There are two types of…

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