529 Plan

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:

    The nonconformist and the rebel say all manner of unanswerable things against the existing republic, but discover to our sense no plan of house or state of their own.
    Ralph Waldo Emerson (1803–1882)