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What is a 529 Plan for College

A 529 Plan is an investment tool that can be used to save money for college. There are tax benefits associated with a 529 Plan as long as the money from the plan is used for approved educational purposes. When started early in a child’s life with regular contributions and taking advantage of compound growth over the years, a 529 Plan could be a great way to help pay some, if not all, of a child’s educational expenses.

Read more about college 529 Plans.