Save on taxes
If you make a withdrawal from an ordinary investment account, you have to pay
taxes. But withdrawals from a 529 account for qualified higher education expenses
aren't subject to federal taxes. Many states even offer state tax benefits for
investing in your home state's plan.
Cover the entire family
The price of college is rising much faster than inflation. So that means you're going to want to save the most that you can. Wealthfront's 529, sponsored by the State of Nevada, has a generous contribution limit available - up to $370,000 per child. If there are funds leftover, you can even change the beneficiary to another family member.
Our 529 is available to everyone, irrespective of what state you live in.2
Save time and effort
It’s easy and simple to open a Wealthfront 529. With just a few taps on your phone, you can be on your way to saving for their future. No extra paperwork required.
With all-in fees of no more than 0.46%, the Wealthfront 529 costs less than the majority of other plans.1