From Forbes: “According to a new survey, in 2021, American families received $464 million in tax savings and other higher education benefits tied to their participation in a 529 College Savings Plan. … Formally called ‘Qualified Tuition Programs’ as defined in Section 529 of the Internal Revenue Code, 529 plans help families save for a beneficiary’s (typically one’s child or grandchild) future higher education expenses.
Hand holding Blue piggy bank with graduation hat, Saving money for education plan and retirement fund concept.
