05/29/2026
Looking for a tax-efficient way to support your child or grandchild's education endeavors?
A 529 account is a tax-advantaged account designed to help families save and invest for future education costs.
Funds in a 529 can grow tax-deferred, and when used for qualified education expenses such as tuition, certain room and board, books, and eligible fees, withdrawals are generally tax-free. In other words, more of what you put away can stay working toward their future instead of going to taxes.
Whether you are planning for a newborn, a teenager approaching college, or even considering going back to school yourself, a 529 can be a strategic tool in your broader wealth and estate plan.
It can also be an intentional way for grandparents to create a lasting educational legacy while potentially reducing the size of their taxable estate.
If you are thinking about how to balance education savings with retirement, tax strategy, or business considerations, a coordinated plan can make a meaningful difference.