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Saving For College: Understanding 529s Versus UTMAs
Investing Cicely Jones Investing Cicely Jones

Saving For College: Understanding 529s Versus UTMAs

According to the Education Data Initiative, average costs of college are $36,436 per year in the United States, including all expenses. What’s the problem with planning from this data? Depending on the funding vehicle you use, there can be consequences that can come with both undershooting the actual costs and overshooting the costs.

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