Dec 04 2023 17 mins
Today’s guest, Anna, just had her first kid and she’s wondering if she should open a 529 plan (a tax-advantaged account for tuition costs). Nicole explains the plan's benefits and what would happen to the account if Anna’s daughter doesn’t go to college. Magnifi helps Anna create an optimized portfolio that would give her the best chance at having tuition saved in full by the time her daughter is ready for freshman year.
If you want to make a college fund for your kiddos, have your very own chat with Magnifi and download the Magnifi app at moneyassistant.com.