Saving for College is easy.
A 529 college savings plan is a simple, affordable way for families to put aside money for college tuition and education-related expenses. Your child will be going to college before you know it and it’s never too early or too late to start saving. Whether you have 5 or 15 years, use our College Savings Estimator to find out how much you need to save for college.
Why should you start saving now:
Any earnings on your contributions are tax-free when used for qualified education expenses such as tuition, fees, room and board, books, supplies, computer technology, and equipment, making 529 plans a unique savings vehicle for college expenses.
Each state that offers a 529 plan determines how its plan is structured and which investment options and other features are offered. While many plans allow investors from out of state, there can be state tax advantages and other benefits for in-state residents. Learn more about 529 plans and compare features to see what plan is right for you.
You can use your savings at nearly any college in the U.S., including vocational and technical schools and at some international schools as well. Funds not needed for college expenses can be saved for graduate school or can be transferred to a member of the family of the original beneficiary with no penalty.
Everyone can help, you don’t have to do it all on your own! Grandparents, family members, and friends can contribute to your college savings plan. The Gift of College gift card is the perfect present for every child's future.
If you currently don’t have a 529 Savings account, please consider one of our Gift of College featured partners.