A 529 is a savings plan designed to help build funds to pay for education. It allows you to save more money than other education saving plans – like a Coverdell account. Anyone can contribute to the account, as long as you don’t put more money in than the cost of tuition as set by the state.
Read all about 529 plans.
Saving with a 529 helps make paying for college an attainable goal – if you start early and stick with it.
Ask your financial professional if this is the right plan for you.