Here’s how they work:
• Tax-free growth — Earnings grow exempt from federal (and often state) taxes when used for qualified education expenses
• Immediate use — Unlike college-focused savings, 529 funds can be deployed starting at kindergarten
• Generational gifting — Grandparents and other relatives can contribute annually per parent without triggering gift taxes, helping to accelerate savings
The key is starting early. Even small, automated monthly contributions can compound significantly
over a child’s school years. By integrating a 529 plan into your wealth strategy, you have the
opportunity to transform tuition anxiety into actionable progress.
Your child’s future starts now. Contact your financial advisor to consult on 529 plans and bring generations together to achieve common goals.