Monday, July 15, 2019
This is our next blog in a series about setting up the next generation for success. In this piece, we outline the benefits of a 529 Plan A 529 plan is a tax-advantaged plan created to save money for college tuition, housing, books and other education-related expenses at most universities. In addition to traditional college tuition and fees, funds can be used at a number of vocational and trade schools. Also in some states, 529 savings now may be used towards tuition expenses at eligible private elementary and secondary schools (K-12). 529 plans must be established for one individual beneficiary….