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529 Plan
1 creator use or recommend it
▲ 1 active in the last 90 days
1 use
1 mention
Last discussed Sep 2, 2026
A tax-advantaged savings plan designed to encourage saving for future education costs, sponsored by states, state agencies, or educational institutions.
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What creators say
SG
Scott Galloway
uses
Used for: Tax-advantaged savings for a child's college education
Praised: Significant compound growth over 18 years; tax advantages; could cover majori...
"I put five grand — I think it was called a 529 — when my kid was born 18 years ago, and he's going to UVA and it's now worth $90,000. So obviously if I had done it every year for four years, which I did not, I probably would have been able to pay ..."
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BH
Ben Henry-Moreland
mentioned
Used for: Education-focused savings for children
vs: Compared to Trump Accounts (retirement-focused) and UTMA accounts (flexible g...
"If it's college, if it's more in the beginning of setting someone up for having a career, then maybe it's a 529 plan, some more educational focused savings."
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