These New Rules Will Change The Way You Think About 529 Plans | Patricia Roberts | 193
Catching Up to FI · Bill Yount & Jackie Cummings Koski
Audio is streamed directly from the publisher (dts.podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
529 plan expert Patricia Roberts blows up the myth that 'it's too late' and '529s are just for rich people with toddlers and Ivy League dreams'. She is author of the book 'Route 529' and shares some big changes with 529 plans that make them an incredibly flexible savings vehicle for more than just college. In this episode we cover:
- How state tax deductions, credits and 'parity states' work for contributions
- The shockingly long list of qualified uses including trade schools, apprenticeships, non-degree credentials, K–12 tuition, tutoring, test prep and even student loan repayment
- Busting the 'use it or lose it' fear and the new option to rollover left over funds to a Roth IRA
- How to juggle retirement vs. college savings
- Advanced strategies to create generational education wealth
DEALS & DISCOUNTS FROM OUR TRUSTED PARTNERS:
The modern way to manage money! Monarch will change the way you organize your financial life. Track, budget, plan, and do more with your money – together. Get 50% off the first year using this link and entering code: CATCHINGUP50
For a full list of current deals and discounts from our partners, sponsors and affiliates, click here: catchinguptofi.com/our-partners
SUPPORT THE SHOW
🌐 Visit Catching Up to FI website
☕ Like what you hear on Catching Up to FI? Support the show at "Buy Me a Coffee"
🎙️We love hearing from you! Record a Voice Message with your feedback or question Record a Voice Message with your feedback or question
RESOURCES MENTIONED ON THE SHOW: (As an Amazon Associate, I earn from qualifying purchases.)
📕 Route 529: A Parent's Guide to Saving for College and Career Training with 529 Plans
Morningstar 529 Ratings: The Best Plans of 2025
What You Can Pay for With a 529 Plan
⏰ Related Episodes
The College Discount Game You Need To Know Before Choosing A School | Ron Lieber | 191
Stop Paying for College and Use These High-Return Scholarship Hacks Instead | Chris Corinthian | 189
Banishing The Burden of Student Loan Debt | Travis Hornsby | 122
If you enjoyed this episode, please follow the show on your podcast player and leave us a rating and review. If you want to watch, be sure to subscribe to our YouTube Channel. This helps others find the show and keeps us creating great content for you!
📌Disclaimer: Our content is for general education and information purposes only. We are not providing financial, legal, or tax advice. Always do your own research or consult a professional before making important decisions.