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:

    Any plan conceived in moderation must fail when the circumstances are set in extremes.
    —Klemens Wenzel Neponuk Lothar Von, Prince Metternich (1773–1859)