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What is a 529 college savings plan? An economist explains

  • Written by Robert H. Scott III, Professor, Dept. of Economics, Finance & Real Estate, Monmouth University
What is a 529 college savings plan? An economist explainsA 529 plan can pay for up to $10,000 a year for tuition at K-12 schools.MoMo Productions/DigitalVision via Getty Images

The college savings plan known as a “529” is often touted as a smart way to save for a child’s college education. But these plans involve more than just putting away money for college. Here, Robert H. Scott III,...

Read more: What is a 529 college savings plan? An economist explains

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