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:

    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)