BRN AM | How to Withdraw Money From a 529 College Savings Plan | Penelope Wang, Consumer Reports | Visit www.broadcastretirementnetwork.com
Researching 529 Savings Plans and the Benefits
There are a few clear benefits of having a 529 savings plan. First, having a 529 savings account does not impact your eligibility for financial aid. So, even with that money set aside, the student can apply for grants and other aid. The money in the 529 won’t be taken into consideration.