HPAL Tip of the Week:
Saving for college? Consider a 529 plan.
A 529 savings plan offers tax breaks. Qualified withdrawals are free of federal tax and most plans let you save in excess of $200,000 per beneficiary. In addition, there are no income or age restrictions.
You are encouraged to use these weekly tips on your website, social media pages or in other communication with your members to illustrate one more way credit unions help people afford life. If you have a tip you would like to share with the HPAL Listserve, please email to email@example.com. When sending an email to firstname.lastname@example.org, it is sent to everyone on the list.