A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs. [from SEC.gov] While you may already be contributing to a 529 plan, Brennan Hannon enthusiastically unearths some of the nuances of this savings vehicle that you may not know about.

*Note: CollegeInvest is Colorado’s 529 college savings program; some of the discussion points may only apply in Colorado.

Resources:

• You can find out more about Brennan Hannon and CollegeInvest at www.CollegeInvest.org
• Download "9 Things You May Not Know About Your 529 Plan" here.
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