Saving for Trade School or College Using 529 Plans

For next school year, there’s a new, easier-to fill-out FAFSA. That’s the free application for federal student aid. The FAFSA is typically available for students and their families in the fall. This year, it won’t be ready until the end of December. But there are plenty of ways to get ready for the new school year right now.  Our guest today is Arizona Treasurer Kimberly Yee. She’s going to walk us through some of the things you need to know about student aid and 529 plans, including what this money can be used for, tax deductions, and changes taking effect in the new year to make 529s easier to use.