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How to Handle a Market Downturn in Your ‘529’ Plan When You Need to Tap It Soon

·5 min read
How to Handle a Market Downturn in Your ‘529’ Plan When You Need to Tap It Soon

Parents and others who've saved in the education-savings accounts and seen their balances drop sharply just as they plan to use the funds could consider using student loans or relying on other assets to allow the market, and balances, to recover. One warning: Don't touch retirement savings.