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Utilizing tax deferred savings accounts to build personal wealth

Utilizing tax deferred savings accounts to build personal wealth

This is our daily Tech and Business report. KCBS Radio News Anchor Jason Brooks spoke with Bloomberg Reporter Sarah Foster. 529 Savings Accounts are tax deferred savings plans designed to help families save for their children's educational needs. But, there's now a new trend where people without kids are using these accounts as a way to build their own wealth.

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