Sep 3, 2024 · You want to save for your child's college, but where? Most people choose one of two options: an Education Savings Account (ESA) or a 529 plan.

Nov 22, 2024 · A 529 plan is a tax-advantaged account that can be used to pay for qualified education expenses, including college, K–12, and apprenticeship programs.

Ideal as a supplement to a 529 plan, an education savings account (ESA) helps you pay for education expenses from kindergarten through college, and withdrawals are tax-free when used for eligible expenses.

Explore our range of consumer and professional tools to simplify your college savings journey. Get personalized college cost and 529 savings estimates, and calculate monthly contributions. Customize your 529 plan comparison by selecting the features that matter most to you.

Explore your options and find an education savings account that best fits your needs to pay for college expenses for your child, a family member, or yourself.

A 529 plan is a college savings plan sponsored by a state or state agency. Savings can be used for tuition, books, and other qualified expenses at most accredited colleges and universities.

Jan 9, 2025 · An education savings plan allows a saver to open an investment account for the benefit of a future student. These plans can pay for tuition, as well as room and board, and some other...

Jun 25, 2024 · You have a variety of choices when it comes to saving for your child's education: 529 plans, Coverdell ESAs, and custodial accounts. Let's review your choices.

Jun 15, 2023 · Learn the three types of education savings accounts: Coverdell Education Savings Account, 529 College Savings Plan, and UGMA accounts.

Jan 27, 2025 · There are two primary 529 plans: education savings plans and prepaid tuition plans. Also known as 529 college savings plans, these are tax-advantaged investment accounts designed for education savings. They work much like a Roth 401 (k) or Roth IRA by investing your after-tax contributions in mutual funds or similar investments.