08/13/2026
Education costs are among the largest expenses that families face. Whether for college or private K–12 schooling, a 529 plan offers unique tax advantages that can help ease the financial burden. Learn more about 529 plan benefits.
What is a 529 plan and how is it used? A 529 plan is a tax-advantaged account designed to help families save for future educational expenses, particularly college. Funds invested in a 529 plan grow on a tax-deferred basis and can be withdrawn tax free for many qualified expenses at an eligible insti...