529 plans and ESAs are essential for sending your students to college. 

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Named for the IRS tax code, a 529 Plan is an education savings plan operated by an educational institution. They are designed to help families set aside funds for future college costs. A Coverdell ESA is a tax-advantaged savings platform that lets you save money for education expenses of a named beneficiary, such as a child or grandchild. Qualified education expenses include college expenses and certain elementary and secondary school expenses.