Learn about saving for education on 529 Day!

A 529 savings plan is one of the most effective ways to set aside money for future education costs, and “529 Day” on May 29 is a perfect moment to give it a fresh look. These plans allow you to invest funds that grow tax‑advantaged, and when the money is used for qualified education expenses—like tuition, books, or certain K–12 costs, as well as some qualified higher education costs—withdrawals are tax‑free.   

Many states also offer additional incentives, such as state tax deductions or credits for contributions. Even small, consistent contributions can add up meaningfully over time, especially when invested early. 529 plan rules and conditions vary by state, so it’s really important to learn more about your own state’s specific plan (i.e. MO’s “MOST” plan, IL’s “Bright Start” plan, and PA’s “PA529” plan) by visiting our EverTrue 529 Education Savings Plans page here.

If you’ve been thinking about how to support a child’s, grandchild’s, or even your own future education, participating in a 529 plan can be a smart, flexible way to make that goal more achievable.