Section 529 College Savings Plans - How do they Work?

Saving for your children's college education is a daunting task.

By using a 529 plan, you can save for college education in a tax-efficient manner.

Section 529 plans are funded with after-tax dollars, but the investment income earned inside the account grows tax-free.

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DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal, or accounting strategies demonstrated in this video. Thank you.