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Any earnings on your contributions are tax-free when used for qualified education expenses such as tuition, fees, room and board, books, supplies, computer technology, and equipment, making 529 plans a unique savings vehicle for college expenses.
Each state that offers a 529 plan determines how its plan is structured and which investment options and other features are offered. While many plans allow investors from out of state, there can be state tax advantages and other benefits for in-state residents. Check out our 529 Featured Partner Plans featured below and compare plans to see what plan is right for you.
You can use your 529 Savings at nearly any college in the U.S., including vocational and technical schools and at some international schools as well. Funds not needed for college expenses can be saved for graduate school or can be transferred to a member of the family of the original beneficiary with no penalty.
Everyone can help pay for your loved one's education. You don’t have to do it all on your own! Family, friends, and even employers can contribute to a 529 College Savings Plan. The Gift of College© Gift Card can be applied to any 529 Plan and is the perfect present for birthdays, graduation, and holidays.
If you currently don’t have a 529 Savings account, please consider one of our Gift of College featured partners.
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