CandleFocus Bitcoin beats 529 plans? Crypto parents rethink college savings
2025-02-03
Author: Content Editor
Despite the extreme volatility of Bitcoin, some parents are choosing to invest in cryptocurrency instead of traditional college savings plans in the hopes of higher returns. They view Bitcoin as a hedge against inflation and believe it has stronger long-term growth potential. While college savings plans have tax advantages, they come with limitations and restrictions on how the funds can be used. Cryptocurrency, on the other hand, is considered an asset on financial aid forms and can impact eligibility. Currently, it is not possible to include crypto in a 529 plan, but there may be potential for this to change in the future.
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