A recent study by the Government Accountability Office concluded that families with 529 plans or other college savings programs typically had three times the median income of families without the programs.
Read the full article from ABC News here.
Estimated reading time: 0 minutes, 18 seconds
529 College Savings Plans Usage is Low
Only 3% of families with college students have 529 plans and use of the tuition savings programs is most common among wealthy households, reports ABC News.
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