Carlos would like to start saving for his son’s college expenses. Which type of savings account should Carlos open? IDA money market 529 plan basic savings account

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asked Dec 7, 2020 30.4k views

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Smathy · Answer 1 · 2020-12-13T02:58:20+0000

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A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs. 529 plans, legally known as “qualified tuition plans,”

Carlos would like to start saving for his son’s college expenses. Which type of savings account should Carlos open? IDA money market 529 plan basic savings account

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