529 Plan FAQ

A 529 plan is a tax-advantaged savings account designed to help families set aside money for education expenses. These plans let you contribute funds that can grow over time, and withdrawals used for may have access to education costs—like tuition, room and board, and books—typically avoid federal taxes. Each state offers its own 529 plan, though you can use any state's plan regardless of where you live or where your child attends school.

The articles here answer common questions about how 529 plans work, what you can use the money for, how contributions and withdrawals function, and what happens if education plans change. You'll find information about the different types of 529 plans available, how earnings grow in these accounts, and what tax implications to understand when you withdraw funds.