Did You Know #5
Your 529 plan contribution qualifies for the $14,000 annual gift tax exclusion.
Author Archives
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Did You Know #4
Some states offer matching grants and other benefits to participants in its 529 plan.
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Did You Know #3
The account owner of a 529 plan maintains control over the use of the account.
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Did You Know #2
Earnings from 529 plans are not taxed when used to pay for eligible college expenses.
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Did You Know #1
529 savings plans can be used at virtually any accredited college or university in the U.S. and at some foreign schools.
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Did You Know post
Over the past decade, tuition and room/board at 4-year public universities have risen nearly 50%. View All
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529 Plan Advantages & Benefits
529 plans are designed to encourage early and consistent savings by offering an easy, affordable and convenient way for families to save for college. While the tax advantages are one […]
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what is a 529 Plan?
529 Basics
A 529 plan is a tax-advantaged investment plan designed to encourage saving for the future higher education expenses of a designated beneficiary (typically one’s child or grandchild). The plans are named after Section 529 of the Internal Revenue Code and are administered by state agencies and organizations.
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It’s 5/29, Are you Saving for College?
Patricia Roberts
Managing Director, AllianceBernstein L.P. & Chair, College Savings Plans Network Corporate Affiliates Committee
May 26, 2015Across the country as the clock strikes 5:29 a.m. and p.m. each day, if you’re listening to the radio, you may hear a Public Service Announcement that begins by posing a timely and important question: “It’s 5:29, are you saving for college?” In an informative and encouraging manner, the PSA, playing on hundreds of stations across the country, seeks to educate listeners about what 529 college savings plans are and how these plans can play a valuable role in helping families prepare for higher education expenses.