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 inference is, that God has restated the superiority of the West. God always does like that when a thousand white people surround one dark one. Dark people are always “bad” when they do not admit the Divine Plan like that. A certain Javanese man who sticks up for Indonesian Independence is very lowdown by the papers, and suspected of being a Japanese puppet.
    Zora Neale Hurston (1891–1960)