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Kiplinger
Kiplinger
Business
Lisa Gerstner

REVEALED: Why i invest in a 529 plan | Vintage Vibes

(Image credit: Getty Images)

Graduation and adulthood are still years down the road for my two young kids, so my focus now is on setting them up for success when they get there. One way my husband and I are doing that is through 529 college-savings plans.

With these investment accounts, you can set aside money that grows tax-deferred and withdraw it tax-free for qualified education-related expenses, including college tuition and fees, room and board, and computers.

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