Leaving a legacy with 529 college savings plans: A great path for grandparents

Contributing to your grandchild’s education is a meaningful way to invest in their future. With Alaska 529, you can create a legacy that supports their dreams.

Alaska 529 has partnered with our program manager, T. Rowe Price, to offer insights on the benefits of 529 savings plans for grandparents. CERTIFIED FINANCIAL PLANNER^® professional Roger Young shares his thoughts in the informative article Leaving a legacy with 529 college savings plans: A great path for grandparents.

Here are some key highlights from the article:

• 529 plans can benefit grandparents looking to contribute to a grandchild’s education.
• 529 savings can be used for qualified expenses for vocational or trade school, apprenticeships, college, and more. They also offer flexibility if your grandchild doesn’t need the funds.
• Contributing to or opening a 529 can offer estate planning benefits.