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@Aphroditus I have been contributing to a 529 for many years, I have used it to pay tuition for my son my daughter and my grandkids. As everyone has stated depending on which state you live in, I am in Kansas I get a tax break and the money grows tax-free and I can spend it for any accredited school. And as of right now everything is in a very conservative fund which I believe to be in treasuries. Waiting on the market to turn and I will find an index fund and will relocate the money when that happens. As long as the money is used for an accredited school for higher education it will not be taxed. In my opinion if you are paying off tuition fees books computers etc for higher education, I think it’s a very wise investment. I hope that helps.