---
title: What to Know Before Helping to Pay for a Grandchild's College
description: "Have you thought about helping your grandchildren with their future education costs? There are many
ways to help and some are pointed out in the linked article below. One of the methods discussed in the
article is opening a 529 plan. A 529 plan is a tax-advantaged savings account that can be used for tuition
expenses for college as well as K-12 private schools. The funds inside a 529 grow tax-free and
distributions used for qualified education expenses can be withdrawn tax-free. If you are considering
opening a 529 plan or any other education savings vehicle, we are here to help. We can discuss various
savings options as education planning can be quite complex."
image: https://www.barryinvestmentadvisors.com/hubfs/bia-fpsusers$katherineDocumentsMy%20Pictures529%20Image.jpg
---

September 21, 2018

# What to Know Before Helping to Pay for a Grandchild's College

Have you thought about helping your grandchildren with their future education costs? There are many...

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Posted by [Barry Investment Advisors](https://www.barryinvestmentadvisors.com/blog/author/barry-investment-advisors)

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Have you thought about helping your grandchildren with their future education costs? There are many ways to help and some are pointed out in the linked article below. One of the methods discussed in the article is opening a 529 plan. A 529 plan is a tax-advantaged savings account that can be used for tuition expenses for college as well as K-12 private schools. The funds inside a 529 grow tax-free and distributions used for qualified education expenses can be withdrawn tax-free. If you are considering opening a 529 plan or any other education savings vehicle, we are here to help. We can discuss various savings options as education planning can be quite complex.  [Read Article](https://www.barryinvestmentadvisors.com/hubfs/What%20To%20Know%20Before%20Helping%20to%20pay%20for%20a%20grandchilds%20college.pdf?utm_campaign=Financial%20Planning&utm_medium=email&_hsenc=p2ANqtz-8HGLUQTjCpduwJ_j2SjReSPokF8TOOdZjac8tJbqWyAZBYfXolIV_6SkWyguY7gO5TLXBr&utm_source=hs_email&hsCtaTracking=09eaf591-f0cb-4bde-8872-054d05959b0a%7C2df30394-858b-4f64-bc15-e6524a967ec1)

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Download our free cheatsheet which explains key tax and 529 changes from the One Big Beautiful Bill.

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