Frequently Asked Questions Below are some frequently asked questions about the 529 Plan. With a 529 Plan your contributions accumulate tax-deferred. Since taxes do not eat away at your account's earnings each year, your account balance has the potential to grow faster than comparable taxable investments.
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A 529 Plan gives you the power to adjust to each turn in the road. You can change beneficiaries as often as you like, provided they are directly related to the original beneficiary. You may even leave the assets invested in the plan for later use. All rights reserved.