 | This article needs additional citations for verification. (January 2015) |
A 529 plan, also called a Qualified Tuition Program,[1] 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.
- ^ "Publication 970: Tax Benefits for Education" (PDF). February 15, 2021. Retrieved December 14, 2022.