A 529 savings plan is a tax-advantaged investment plan for educational costs that doesn't lock in tuition prices, covers different expenses, and can be used at various educational levels.
529 savings plan is a tax-advantaged investment plan designed to encourage saving for future educational costs. It does not lock in a set tuition price or guarantee investments. It covers various educational expenses beyond just tuition and can be used at both postsecondary and K-12 educational levels.
https://brainly.com/question/27510589