
EdVest
EdVest is Wisconsin's 529 college savings plan, designed to help families save for higher education expenses. Named for "education" and "investment," it allows individuals to contribute money into an account where it can grow tax-free over time. When it's time for college, the funds can be withdrawn to pay for qualified expenses, such as tuition, room, and books, without incurring federal taxes. EdVest encourages early savings and offers various investment options, making it a valuable tool for families looking to manage the costs of education effectively.