The 529 university discounts bundle is a great way for parents to save for college. The account holder (usually the parent of the beneficiary), family members, and friends can contribute after-tax dollars to the account. The account accrues interest and is open for contributions until it meets the state maximum, which is usually $300,000 – $500,000. The account can be used for both undergraduate and graduate programs, as well as a variety of other postsecondary programs.
So what can My 529 Bundle be studied to possess?
The 529 bundle are used for Licensed Higher education Costs (QHEE) . It’s important to keep track of your expenses, and not exceed allowable limits.