529 accounts, also called qualified tuition plans or college savings plans, are a great way to save for college. (yourrichestlifeplanning.com)
It allowed you to deduct up to $ 4,000 from your income for qualifying tuition expenses paid for you, your spouse, or your dependents. (turbotax.intuit.com)
It is used to determine potential education credits, tuition and fee deductions, and other benefits for qualified tuition expenses. (thesimpledollar.com)