The Independent Advisors Episode 174: The spring is loaded.

Show Notes:

Article from Financial Advisors Magazine's, Alexis Leondis -

https://www.fa-mag.com/news/delaying-your-social-security-has-rarely-been-this-profitable-70234.html?section=40

Tweet by Liz Ann Sonders -

https://twitter.com/LizAnnSonders/status/1585961494713438208

Article From VettaFI/Advisor Perspective's Javier Simon -

https://www.advisorperspectives.com/articles/2022/09/28/529-plan-contribution-limits-for-2022?topic=529-college-planning&utm_source http://fa-mag.com/

The fees, expenses, and features of 529 plans can vary from state to state. 529 plans involve investment risk, including the possible loss of funds. There is no guarantee that an education-funding goal will be met. In order to be federally tax-free, earnings must be used to pay for qualified education expenses. The earnings portion of a nonqualified withdrawal will be subject to ordinary income tax at the recipient’s marginal rate and subject to a 10 percent penalty. By investing in a plan outside your state of residence, you may lose any state tax benefits. 529 plans are subject to enrollment, maintenance, and administration/management fees and expenses