This description provides information about investing in a 529 college savings plan. A 529 plan is a tax-advantaged savings plan designed to help families save for college. It allows you to save money for college expenses, such as tuition, fees, books, and room and board. The money in
From Wikipedia
A 529 plan, also called a qualified tuition program, is a tax-advantaged investment vehicle in the United States designed to encourage saving for the future higher education expenses of a designated beneficiary. In 2017, K–12 public, private, and religious school tuition were included as qualified expenses for 529 plans along with post-secondary education costs after passage of the Tax Cuts and Jobs Act.