Skip to main content

Smart Savers Blog

What to Do With a 529 Plan If Your Kid Doesn’t Go to College


You’ve been saving for years in a 529 plan, which lets you fund your child's college costs tax-free. But what happens if your kid doesn’t go to college? Will you face a steep tax bill?

Not to worry. Money in a 529 account can be used tax-free for many types of schooling, not just expenses at a four-year college. And there are several ways you can use those savings, even if your child doesn’t pursue any type of higher education.

Read more at U.S. News and World Report.

Resources to help you learn

Frequently Asked Questions

Find answers to the most common questions about 529 plans.

Smart Savers Academy

Tune in to a live episode and ask questions of the presenter, or watch a previously recorded webinar below.

Invest529 Portfolio Performance

Review and compare historical returns of Invest529 portfolios.