A 529 plan is a tax-advantaged investment vehicle in the United States designed to encourage saving for the future higher education expenses of a designated beneficiary.
Read more about 529 Plan: Overview, Use For Qualified Education Expenses, Advantages, Disadvantages, Deductibility of Losses, Gift Tax Considerations
Famous quotes containing the word plan:
“Max Detweiler: I get a fiendish delight thinking of you as the mother of seven. How do you plan to do it?
The Baroness: Darling, haven’t you heard of a delightful little thing called boarding school?”
—Ernest Lehman (b. 1920)
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