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Friday, December 26, 2025

Should You Worry About Overfunding Your 529 Plan?

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Evgeny Atamanenko/Shutterstock529 education savings plans are powerful tools to help pay for the mounting costs of an education. Yet some people hesitate to use them.One common concern is oversaving. You can only use 529 funds to cover qualified education expenses without incurring a tax penalty, but it can be hard to pinpoint how much money you actually need.

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