Author: administración

Key PointsMay 29 is recognized nationally as “529 Day,” with states and financial institutions offering bonuses, giveaways, and events to promote college savings.More than $600 billion is currently saved in 529 plans nationwide, as families seek tax-advantaged ways to prepare for future education expenses.Dozens of states are providing one-time incentives, cash matches, webinars, and contests to encourage participation in these programs. Across the country, May 29 marks a coordinated push to promote college savings accounts known as 529 plans. Created under Section 529 of the Internal Revenue Code, these plans offer families tax advantages to save for education, and this…

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