A 529 Plan is a tax-advantaged college savings investment account sponsored by a state or state agency.
It's never too early to invest in your child's future with a flexible college savings account.
Anyone over the of age 18 can open a 529 College Savings plan. There are no state residency requirements, and funds can be used at any accredited school eligible to accept federal financial aid including:
Invest in a 529 College Savings plan with:
Plan assets are professionally managed either by the state treasurer's office or by an outside investment company hired as the program manager.
There are tax benefits associated with a 529 College Savings plan.
Qualified withdrawals include college-related expenses such as: