Tag Archive for: 529

What is a 529 Plan?

529 plans are tax-advantaged savings plans created to encourage saving for the future cost of a college education. There are two basic types of 529 Plans.

529 Savings Plan Versus Coverdell ESA

529 Savings plans and Coverdell Education Savings Accounts (ESAs) are two of the most popular tax-advantageous way to save money for future education expenses.