529 Plan
A 529 plan is a tax-advantaged account for education costs. Your contributions grow tax-free, and withdrawals for qualified expenses — tuition, room and board, even up to $10,000 of student loans — are tax-free too. Many states also offer a tax deduction for contributing.
Money not used for education can now be rolled into a Roth IRA (up to a lifetime limit) or withdrawn with tax and a penalty on the earnings. Because time in the market matters, opening one early — even with small monthly amounts — is the biggest lever.
Put it to work
Investment Calculator
Project an investment portfolio's growth with monthly contributions — final value, your money vs market growth, and the year-by-year path.
Savings Goal Calculator
Two answers for any savings goal: the monthly deposit that hits your target on time, and when you'd get there at your current saving pace.