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9 myths about 529 savings plans

A 529 plan is a tax-advantaged investment account that families can use to cover educational expenses. But many families aren't aware that this type of account even exists. In fact, a recent survey by Edward Jones revealed that only about one-third of Americans recognize 529 plans as an education savings tool.

If you’re new to 529 plans, here's what to know about some of the common misconceptions.
 

Read More at MSN.com

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