New York's 529 College Savings Program

New York’s 529 College Savings Program is a tax-advantaged investment account designed to help families save for future college costs. Contributions grow tax-free, and withdrawals used for qualified education expenses are also tax-free. You can choose from different investment options and manage your account online. The program offers flexibility for saving purposes beyond college, such as K-12 tuition and apprenticeship programs. It’s a popular way to plan ahead for educational expenses while benefiting from state tax incentives and potential growth over time.