Section 529 college savings plans are similar in many ways to retirement plans, such as 401 (k) and IRAs, although with much higher contribution limits and more favorable tax status. (finaid.org)
Enjoy tax benefits and higher contribution limits while saving for a child's college education. (investor.vanguard.com)
It's easy to see that the 401 (k) boasts significantly higher contribution limits. (smartasset.com)