529 Plans and the New Year

<p class="p2"><span class="s1">529 plans are touted as a way to save for your children’s education. But saving money in a 529 plan is a lot like sending your money to jail. Once your money is in a 529 plan you can’t use it for anything other than education. If you need to use that money for other purposes, you’ll pay a hefty penalty!</span></p> <p class="p2"><span class="s1">But there is a way to get money out of a 529 plan without paying a penalty. On this episode of Wealth Talks, Tom and John will explain how to do this.</span></p> <p class="p2"><span class="s1">Also on this episode: How to set your Financial New Year Resolutions in 2021</span></p> <p class="p2"><span class="s1">Resources:<span class= "Apple-converted-space"> </span></span></p> <p class="p2"><span class="s1"><a href= "https://www.life-benefits.com/store-detail/">How to Build Sustainable Wealth</a><span class= "Apple-converted-space"> </span></span></p> <p class="p2"><span class="s1"><a href= "https://www.amazon.com/Richest-Man-Babylon-Original-dp-1939438640/dp/1939438640/"> Richest Man in Babylon</a></span></p> <p class="p1"> </p> <p class="p1"> </p>