How To Use A 529 Plan For Student Loan Repayment

Did you know that you can use up to $10,000 from a 529 plan to repay your student loans? Learn more here: https://theci.co/529-plan-repay-student-loans

0:00 – 529 plans can pay off student loans
0:42 – $10,000 limit
1:07 – Repay parent loans
2:15 – Not all student loans qualify
2:25 – Loan requirements to qualify
3:40 – Some states don’t conform to this rule
4:26 – Student loan interest deductions
5:15 – Do you fit this situation?

Here’s what we’re going to talk about in this video:

▶︎ Using a 529 Plan to repay student loans

▶︎ The $10,000 Limit

▶︎ Which loans qualify

▶︎ Which states allow it

★☆★Resources Mentioned in this video:★☆★

💵 529 Plan Guide By State: https://thecollegeinvestor.com/529-plan-guide/

💵 https://thecollegeinvestor.com/go/ChipperApp/ythLbsjzqCVA0

★☆★ Want More From The College Investor? ★☆★

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