Why 529 plans remain a powerful tool for college, trade school savings
American households saving money for their children's educations can leverage tax-advantaged 529 accounts to make their dollars go further.529 education savings accounts are typically opened by parents, guardians or grandparents for minor children and allow those savings to grow on a tax-deferred basis, and funds can be withdrawn tax-free when they're used for qualified expenses. Individuals may also open 529 accounts to help save for their own education. "529s are the […]