TL;DR: A 529 College Savings Plan is a tax-advantaged account designed to help you save and invest for future education expenses — whether your child is in diapers or hasn’t even been born yet. You can open one in your name, contribute over time, invest the funds, and enjoy tax-free withdrawals for qualified education costs. Starting early gives compound interest more time to grow, and even small, consistent contributions can make a big impact later.
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