For more than twenty years, Virginia529 has helped millions of families plan and save for future college expenses. Now, its tax-advantaged 529 savings programs can help you save for all future higher education expenses, K-12 tuition at private and religious schools, student loan repayment and more. Learn how Virginia529 can help you prepare for the future.
529 plans have been around for decades, and although they’re a college savings vehicle that continues to grow in popularity, a number of misconceptions about them persist. Here are some of the biggest myths about saving for education using a 529 plan.
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Virginia529 has been working to expand Invest529 to include a new portfolio option that helps families invest in their loved ones’ futures and keeps pace with average tuition inflation rates at Virginia public universities.
Invest529’s target enrollment portfolios automatically become more capital preservation-oriented over time. This shift occurs annually, with the most recent evolution effective as of January 1, 2021.
529 plans are designed to be flexible, and in recent years the approved uses have grown to include more pathways that assist individuals and families in achieving their dreams.
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