With a 529 the money you invest grows tax free and can be used for eligible college expenses tax free. (thecollegeinvestor.com)
Earnings from 529 plans are not taxed when used to pay for eligible college expenses. (ufcu.pfyfn.com)
You'll be eligible for federal and Maryland State tax benefits, including tax deferred growth and tax free earnings when the account is used towards eligible college expenses. (maryland529.com)