
In this insightful episode of the "Don't Chuck It Up" podcast, Chuck sits down with Cheryl Rapp to enlighten us on 529 plans- a powerful tool for saving towards future educational expenses. Cheryl Rapp is the College Investment Program Finance Officer with EDVest529 in Wisconsin. https://www.edvest.com/ She explains 529 plans as tax-advantaged savings for education, growing tax-deferred with tax-free withdrawals for qualified expenses, including tuition and student loan repayments. Investing early maximizes growth through compounding interest, but it's never too late to start your 529 plan. We dive into who can start one, how to get it started, what plans might be best for you, and much more! Listen as Cheryl's insights make understanding and utilizing 529 plans straightforward, helping families financially secure their children's educational future.