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Kiplinger
Kiplinger
Business
Erin Bendig

Half of Americans Don't Know What a 529 Plan Is. Are You Missing Out?

529 college savings plan theme with textbooks and piggy bank and green chalkboard background.

529 plans can be a valuable tool to save for college, but many Americans aren’t utilizing these tax-advantaged savings accounts. In fact, a surprising number of people don't even know what 529 plans are, even as college gets more and more expensive with each passing year. If you’re saving for your children’s or grandchildren's higher education, take the time to learn what a 529 plan is and how it can benefit you and your family. 

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