E10 Ultimate 529 College Saving Guide (with Mark Willis)

Summary: In this episode, Anthony interviews Mark Willis. Mark is a Certified Financial Planner, a bestselling author, the host of the award-winning podcast, Not Your Average Financial Podcast, and the owner of Lake Growth Financial Services. He specializes in late-stage college savings planning and today he shares how to pay for college without going broke. Covered Topics: What is a 529 The tax break areas of 529 Where you can spend 529 funds FAFSA (Free Application for Federal Student Aid) The complementary and supplementary mechanics for saving for college Takeaways: Without 529’s, the student’s option for college is through student loans. Funds sometimes underperform the market so it’s best to always check performance. Your options should not be either/or but both/and — maximize every dollar you can. Link and Resources: SavingForCollege.com – A website that gives calculations for tuition fees and possible 529 outcomes Thanks for listening. Go to anthonyspark.com for full show notes. Sign up my free email newsletter for regular updates in your inbox. Or follow me on: Twitter Instagram Facebook LinkedIn