Can a 529 plan pay for college?

You can use a 529 plan to pay for college, K-12 tuition, apprenticeship programs, and even student loan repayments. Any leftover funds can be used in different ways, including funding a Roth IRA. There are two primary 529 plans: education savings plans and prepaid tuition plans.

Is collegechoice direct a 529 plan?

New look, same goals: CollegeChoice Direct is now Indiana529 Direct! They have dreams, you have a plan. Indiana’s own 529 education savings plan can help your child save for the future. Saving for education is a journey. Indiana529 Direct is a tax-advantaged way to pay for future education expenses, no matter what path your child may take.

What is a 529 plan?

529 plans are flexible, tax-advantaged accounts designed specifically for education savings. Funds can be used for qualified education expenses at schools nationwide. Before you start you will need to know the child's date of birth, social security number and what investment choices you want. Why choose a 529 plan?