Quick Take: What to Do With a 529 Balance
After all the saving and planning you have done, what should you do if there is still money left over in your child’s 529 plan?
Sudden market downturns can be unsettling. But historically, US equity returns following sharp downturns have, on average, been positive.
Sticking with your plan helps put you in the best position to capture the recovery.
(1) The average annualized returns for the five-year period after 10% declines were 9.33%; after 20% declines, 9.66%; and after 30% declines, 7.18%.
This post was prepared and first distributed by Dimensional Fund Advisors.
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After all the saving and planning you have done, what should you do if there is still money left over in your child’s 529 plan?
A Health Savings Account allows you to set aside pre-tax money to pay for qualified medical expenses like doctor visits or prescriptions.
Against the backdrop of heightened political uncertainty and lower consumer sentiment, investors may have concerns about a recession.
An enduring investment philosophy with investment discipline can increase the odds of having a positive financial experience.