2024年11月22日 · Named for a section of the Internal Revenue Code (IRC), 529 plans are tax-deferred savings plans designed to help pay for college expenses. In some states, qualified withdrawals for these costs...

A 529 plan is a college savings plan sponsored by a state or state agency. Savings can be used for tuition, books, and other qualified expenses at most accredited colleges and universities.

2024年11月15日 · What is a 529 plan? A. A plan operated by a state or educational institution, with tax advantages and potentially other incentives to make it easier to save for college and other post-secondary training, or for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school for a designated ...

2025年1月22日 · A 529 plan is a tax-advantaged investment account for education savings, offering tax-free growth and withdrawals when used for qualified education expenses like costs for college, grad school, and apprenticeship programs.

529 savings plans are flexible, tax-advantaged accounts designed specifically for education savings. Any earnings on contributions grow federal income tax-deferred, and withdrawals taken to pay for qualified higher education expenses such as tuition, fees, books, computer expenses, or room and board are free from federal income taxes.

2024年12月6日 · 529 plans are savings plans for colleges, vocational and religious schools that provide tax advantages. Money invested in a 529 plan grows in a tax-deferred manner. Withdrawals from 529 plans for qualified education expenses are not taxed.

Get personalized college cost and 529 savings estimates, and calculate monthly contributions. Customize your 529 plan comparison by selecting the features that matter most to you. Estimate your child’s financial aid eligibility based on family income and assets.

A 529 college savings plan is a state-sponsored investment plan that enables you to save money for a beneficiary and pay for education expenses. You can withdraw funds tax-free to cover nearly any type of college expense. 529 plans may offer additional state or federal tax benefits.

2024年11月13日 · 529 plans are tax-deferred savings plans designed to help pay for college expenses. Here's more about these plans and how they can help you achieve your financial goals.

2024年10月29日 · Our analysts annually assign forward-looking, qualitative ratings to a majority of 529 education savings plans based on our assessment of each plan’s investment merits relative to its peers....