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Tag: tax-efficient investing

Strategies for maximizing 529 plan tax benefits

Maximize 529 plan tax benefits by contributing early and often, taking advantage of state tax deductions, and ensuring withdrawals align with qualified education expenses. Regularly review your plan to adapt to changes in education costs.

Best ways to minimize taxes on retirement withdrawals

To minimize taxes on retirement withdrawals, consider strategies like Roth conversions, managing your withdrawal order, and taking advantage of tax-efficient accounts. Proper planning can help preserve more of your hard-earned savings.