When it comes to saving for college, many people don’t realize the flexibility that 529 plans offer.
Watch my latest report for “NBC News Daily” to understand how they work: bc.com/video/2025/05/30/paying-for-college-what-to-know-about-529-plans.html
Also, education savings expert Mary Morris recommends three ways to make the most of 529 plans this summer:
😎📚Summer classes: 529s can cover expenses related to taking summer classes, including tuition, textbooks and technology.
🌍📚Study abroad: Traveling this summer? Use 529s to cover some expenses related to eligible study abroad programs.
🍁📖Prepare for fall: Now is the time to learn how to withdraw funds from your 529 to cover upcoming expenses, whether it’s at a four-year university, community college, trade school program, or K-12 private school.
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