529 plans can be used for a variety of education expenses, including:
* Tuition and fees at an eligible college or university
* Room and board
* Books and supplies
* Computers and software
* Transportation to and from school
* Certain other qualified education expenses
While 529 plans are primarily used for college savings, they can also be used for certain other education expenses, such as private elementary or secondary school tuition, apprenticeship programs, and certain tutoring expenses.
It's important to note that there are limits on how much money can be contributed to a 529 plan each year, and there may also be tax penalties for withdrawals that are not used for qualified education expenses.
If you're considering opening a 529 plan for your child, it's a good idea to consult with a financial advisor to learn more about the plan's features and benefits, as well as the potential tax implications.