+25 School Savings Plans 2023. 529 plans, legally known as “qualified tuition plans,” are sponsored by states, state agencies, or educational institutions and are authorized by section 529 of the internal revenue code. There are fewer restrictions for residency with many states offering 529.
Web what is a 529 plan? This means that you have plenty of options nationwide and even some schools abroad where you can use your 529 assets. 529 plans, legally known as “qualified tuition plans,” are sponsored by states, state agencies, or educational institutions and are authorized by section 529 of the internal revenue code.
