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A 529 plan is a tax-advantaged investment vehicle in the United States designed to encourage saving for the future higher education expenses of a designated beneficiary. == Overview == 529 plans are named after section 529 of the Internal Revenue Code . While most plans allow investors from out of state, there can be significant state tax advantages and other benefits, such as matching grant and scholarship opportunities, protection from creditors and exemption from state financial aid calculations for investors who invest in 529 plans in their state of residence. There are two types of 529 plans, prepaid plans and savings plans. * Prepaid Plans * * Prepaid plans allow one to purchase tuition credits at today's rates to be used in the future. Therefore, performance is based upon tuition inflation. * * Prepaid plans may be administered by states or higher education institutions. * * Currently, 10 states provide a prepaid tuition plan that is accepting new applicants. Those states include Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, Pennsylvania, Texas, Virginia, and Washington.〔(【引用サイトリンク】title=Prepaid Contract 529 College Savings Plans )〕〔(【引用サイトリンク】title=Prepaid Unit/Guaranteed Savings 529 College Savings Plans )〕 * Savings Plans * * Savings plans are different in that all growth is based upon market performance of the underlying investments, which typically consist of mutual funds. * * Most 529 savings plans offer a variety of age-based asset allocation options where the underlying investments become more conservative as the beneficiary gets closer to college age. * * Savings plans may be administered by states only. * * * Although states administer savings plans, record-keeping and administrative services for many savings plans are usually delegated to a mutual fund company or other financial services company. With the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), 529 plans gained their current prominence and tax advantages. Qualified distributions from 529 plans for qualified higher education expenses are exempt from federal income tax. Legislation introduced in the U.S. House of Representatives in 2011 by Congresswoman Lynn Jenkins, (R-KS) and Congressman Ron Kind, (D-WI) that would include 529 plan contributions in the SAVERs tax credit, make permanent the inclusion of computers as a qualified expense, provide for four annual investment direction changes and provide employers with an incentive to contribute to the 529 plans of their employees.〔(【引用サイトリンク】title=House Legislation Enhances 529 College Savings PlansWill Aid Moderate Income Savers )〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「529 plan」の詳細全文を読む スポンサード リンク
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