Find the right 529 plan for you
The right 529 plan can make your college savings go even further. As you consider The Vanguard 529 Plan, here are some things to think about.
Tax updates coming soon
We're working on updates that will reflect the new U.S. tax law. In the meantime, this page may not address this development.
In summary, the law expands 529 plans to include tax-free distributions of up to $10,000 per year per student to pay for K-12 expenses. Currently, 529 plans offer tax-free withdrawals only for college expenses.
We recommend that you consult a qualified tax advisor about your personal situation.
4 things to look for in a 529 plan
1. State tax benefits
First, see what tax breaks your state offers. Some states give benefits regardless of which state's 529 you invest in.*
2. Fees & costs
The less you pay in fees and costs, the more you'll have left to pay for college. Even costs that may seem insignificantly higher could eventually offset any state tax benefit that you get from your state's plan.
3. Investment choices
Some 529 plans have a wide variety of options to choose from. If you're interested in making college investing as simple as possible, look for plans that include professionally managed age-based options. These are portfolios that automatically adjust for you—becoming more conservative as your child nears college age.
4. Initial investment amount
Contributing a large chunk of money to your 529 account is a great way to kick-start your college savings, but in today's world, that may not be possible. So look for a plan that has a minimum investment that fits your budget.
See how The Vanguard 529 stacks up
- Tell us where you live.
- See if you get a tax break.
- Compare plans.
You get more with The Vanguard 529 Plan
Low costs, award-winning investments, and a high level of customer service are just a few things you can expect from us.
The Vanguard 529 College Savings Plan is a Nevada Trust administered by the Board of Trustees of the College Savings Plans of Nevada, chaired by the Nevada State Treasurer.
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