Celebrating 529 Day with North Carolina Higher Education Coin
May 29, 2026
May 29 is the day that parents of young children start thinking about their kids’ college years just a little bit more. That usually leads to a discussion with a financial advisor who will tell you about a special kind of tax-advantaged investment account known as a 529, a plan that helps provide funds for a child’s college tuition and other qualifying educational expenses. A 529 account may be a good solution for parents who want to lessen future out-of-pocket expenses that they or their child would eventually incur upon the kid’s college enrollment.
Typical 529 plans work similarly to retirement-minded 401K plans, where contributions can be invested in mutual funds, exchange-traded funds (ETFs), and other qualifying investments. Like a 401K, account balances in a 529 may vary by the day, but the goal is that your investments will have performed well enough that a relatively nominal principal investment will, over the course of many years, have grown into enough money to pay for a college education.
From PCGS