What is a 529 College Savings Plan?
529 college savings plans:
Are college investment vehicles with tax and cost advantages
There are no federal taxes for qualified withdrawals for educational expenses.
Most states do not charge tax on qualified 529 withdrawals
Are sponsored by all 50 states (and some educational institutions)
Are named after Section 529 of the IRS code
Offer two types of plans: Pre-Paid Tuition Plans [...]

