https://www.stlouisfed.org/open-vault/2023/june/how-529-plans-can-help-save-fut… Created Sat, 03/06/2023 - 02:37 Updated Sat, 03/06/2023 - 02:37 529 plans offer families and beneficiaries a way to save for the future that has tax and other benefits beyond those of traditional savings accounts.