Keeping More Options Open for Your Child in the AI Era
An education planning article for families in the United States | Information verification date: November 11, 2026
When children are still young, many parents begin asking: “College keeps getting more expensive. How much do we really need to prepare?”
Some worry about saving too little and finding, when an acceptance letter arrives, that their family cannot afford the cost. Others want to set aside enough for all four years—or even graduate school—as early as possible, as though having more money saved will make the future more certain.
But as AI rapidly changes the way people work, there is another question worth asking:
Can this money support the different educational and career paths our child may choose?
College still deserves careful preparation, but it may not be the only suitable path for every child. Good education funding plans guard against underfunding while also avoiding a situation in which preparing for just one path leaves the family's finances stretched or inflexible.
An education planning article for families in the United States | Information verification date: November 11, 2026
When children are still young, many parents begin asking: “College keeps getting more expensive. How much do we really need to prepare?”
Some worry about saving too little and finding, when an acceptance letter arrives, that their family cannot afford the cost. Others want to set aside enough for all four years—or even graduate school—as early as possible, as though having more money saved will make the future more certain.
But as AI rapidly changes the way people work, there is another question worth asking:
Can this money support the different educational and career paths our child may choose?
College still deserves careful preparation, but it may not be the only suitable path for every child. Good education funding plans guard against underfunding while also avoiding a situation in which preparing for just one path leaves the family's finances stretched or inflexible.
1. Have Elon Musk's Companies Really Started Recruiting High School Students?
There is a factual basis for these reports, but the details matter.
Tesla's official 2024 Impact Report describes a Manufacturing Development Program for graduating high school students and people beginning their careers. Tesla's official listing for its 2026 Manufacturing Development Program in Austin also describes a seven-week course and hands-on training in partnership with educational institutions, with an opportunity to transition into full-time production roles after completion.[1][2]
This is a pathway from high school graduation through specialized training into advanced manufacturing. It does not eliminate the need for further learning.
Tesla's official Next Gen vehicle software engineering internship for summer 2027 also explicitly targets graduating high school seniors, but requires them to plan to begin higher education in fall 2027. The internship shows that young people can participate in technical work earlier; it is not evidence that Tesla encourages students to skip college.[3]
Another example that is easy to confuse with these programs is Palantir's Meritocracy Fellowship, which its official website describes as a program for exceptional graduating high school seniors. Strong performers may have an opportunity to interview for full-time employment. However, Palantir is not one of Musk's companies, and the program does not guarantee every high school graduate a job.[4]
These examples are worth following because they show that company-sponsored routes into learning and employment do not always have to begin after a four-year college degree.
Still, a handful of competitive programs does not establish that degree requirements have disappeared across the labor market. Planning for a child means looking at opportunities, their eligibility requirements, and how realistically those opportunities can be pursued.
There is a factual basis for these reports, but the details matter.
Tesla's official 2024 Impact Report describes a Manufacturing Development Program for graduating high school students and people beginning their careers. Tesla's official listing for its 2026 Manufacturing Development Program in Austin also describes a seven-week course and hands-on training in partnership with educational institutions, with an opportunity to transition into full-time production roles after completion.[1][2]
This is a pathway from high school graduation through specialized training into advanced manufacturing. It does not eliminate the need for further learning.
Tesla's official Next Gen vehicle software engineering internship for summer 2027 also explicitly targets graduating high school seniors, but requires them to plan to begin higher education in fall 2027. The internship shows that young people can participate in technical work earlier; it is not evidence that Tesla encourages students to skip college.[3]
Another example that is easy to confuse with these programs is Palantir's Meritocracy Fellowship, which its official website describes as a program for exceptional graduating high school seniors. Strong performers may have an opportunity to interview for full-time employment. However, Palantir is not one of Musk's companies, and the program does not guarantee every high school graduate a job.[4]
These examples are worth following because they show that company-sponsored routes into learning and employment do not always have to begin after a four-year college degree.
Still, a handful of competitive programs does not establish that degree requirements have disappeared across the labor market. Planning for a child means looking at opportunities, their eligibility requirements, and how realistically those opportunities can be pursued.
2. AI Makes the Future Harder to Predict, but That Does Not Make College Worthless
AI can help people write code, organize information, create content, and analyze data. The way our children work may be quite different from what their parents know today.
A 2025 study by the International Labour Organization and NASK found that roughly one in four jobs worldwide is in an occupation with some degree of exposure to generative AI. However, the study emphasized that changes to work tasks are more likely than the outright replacement of all the affected jobs.[5]
“Affected by AI” and “having no job in the future” are two different conclusions.
Meanwhile, 2025 data published by the U.S. Bureau of Labor Statistics show the following for full-time wage and salary workers age 25 and older:
Highest educational attainment Median weekly earnings Unemployment rate High school diploma $966 4.3% Associate degree $1,135 3.0% Bachelor's degree $1,578 2.8%
These are group statistics, not a guarantee of any individual's earnings. They also do not establish that educational attainment alone explains the entire earnings gap. Field of study, location, experience, and individual abilities all affect outcomes. BLS also notes that these educational categories do not separately capture apprenticeships and on-the-job training, and that the 2025 figures are 11-month averages because the October survey was not available.[6]
Families do not have to choose between “college is mandatory” and “college is already useless” in response to AI. More practical questions are: What qualifications does the work our child wants to do require? Which learning pathway suits them? Does its cost fit our family's financial capacity?
For careers requiring a professional degree, a license, or structured training, college may remain an essential entry point. For some technical roles, skilled trades, or entrepreneurial paths, community college, apprenticeships, industry certifications, and a portfolio of completed work can also play important roles.
AI can help people write code, organize information, create content, and analyze data. The way our children work may be quite different from what their parents know today.
A 2025 study by the International Labour Organization and NASK found that roughly one in four jobs worldwide is in an occupation with some degree of exposure to generative AI. However, the study emphasized that changes to work tasks are more likely than the outright replacement of all the affected jobs.[5]
“Affected by AI” and “having no job in the future” are two different conclusions.
Meanwhile, 2025 data published by the U.S. Bureau of Labor Statistics show the following for full-time wage and salary workers age 25 and older:
| Highest educational attainment | Median weekly earnings | Unemployment rate |
|---|---|---|
| High school diploma | $966 | 4.3% |
| Associate degree | $1,135 | 3.0% |
| Bachelor's degree | $1,578 | 2.8% |
These are group statistics, not a guarantee of any individual's earnings. They also do not establish that educational attainment alone explains the entire earnings gap. Field of study, location, experience, and individual abilities all affect outcomes. BLS also notes that these educational categories do not separately capture apprenticeships and on-the-job training, and that the 2025 figures are 11-month averages because the October survey was not available.[6]
Families do not have to choose between “college is mandatory” and “college is already useless” in response to AI. More practical questions are: What qualifications does the work our child wants to do require? Which learning pathway suits them? Does its cost fit our family's financial capacity?
For careers requiring a professional degree, a license, or structured training, college may remain an essential entry point. For some technical roles, skilled trades, or entrepreneurial paths, community college, apprenticeships, industry certifications, and a portfolio of completed work can also play important roles.
3. Underfunding Education Can Force Children to Narrow Their Choices at a Critical Moment
Preparing too little for education can mean more than simply spending less later.
It may mean discovering a large budget gap only after a child is admitted. Parents nearing retirement may need to borrow heavily or draw on retirement savings. A lack of money for tuition, equipment, or living expenses during a transition may also prevent a child from taking a suitable training or internship opportunity.
“May not attend college” does not mean “will not need investment in education.”
Even vocational education or a work-first path may require spending on courses, certification exams, tools, transportation, and relocation. Some programs are employer-funded; others require family contributions. Expected scholarships, earnings, and employer support should not be treated as certain funding before they are secured.
The first job of an education funding plan is therefore to give a child a viable path that the family can support.
Preparing too little for education can mean more than simply spending less later.
It may mean discovering a large budget gap only after a child is admitted. Parents nearing retirement may need to borrow heavily or draw on retirement savings. A lack of money for tuition, equipment, or living expenses during a transition may also prevent a child from taking a suitable training or internship opportunity.
“May not attend college” does not mean “will not need investment in education.”
Even vocational education or a work-first path may require spending on courses, certification exams, tools, transportation, and relocation. Some programs are employer-funded; others require family contributions. Expected scholarships, earnings, and employer support should not be treated as certain funding before they are secured.
The first job of an education funding plan is therefore to give a child a viable path that the family can support.
4. What Is the Real Problem with Oversaving?
Saving a large amount for education is not automatically a mistake. If a family has ample cash flow, a sound retirement plan, and a desire to support several children or future continuing education, a larger education reserve may be entirely reasonable.
“Too much” here primarily means too much relative to the family's overall goals:
- Consistently neglecting retirement savings and emergency reserves to maximize contributions to education accounts.
- Preparing for the most expensive college pathway without checking what is actually needed.
- Placing too much money in arrangements with restricted uses, making it harder to adjust when future needs change.
- Treating high investment returns that have not yet been earned as certain, or taking excessive risk to catch up with a target.
There is another effect that is easy to overlook: after setting aside a substantial amount for one particular path, parents may unintentionally insist that their child must follow it.
Education savings should support a child's development, rather than allow past financial decisions to determine their future.
Saving a large amount for education is not automatically a mistake. If a family has ample cash flow, a sound retirement plan, and a desire to support several children or future continuing education, a larger education reserve may be entirely reasonable.
“Too much” here primarily means too much relative to the family's overall goals:
- Consistently neglecting retirement savings and emergency reserves to maximize contributions to education accounts.
- Preparing for the most expensive college pathway without checking what is actually needed.
- Placing too much money in arrangements with restricted uses, making it harder to adjust when future needs change.
- Treating high investment returns that have not yet been earned as certain, or taking excessive risk to catch up with a target.
There is another effect that is easy to overlook: after setting aside a substantial amount for one particular path, parents may unintentionally insist that their child must follow it.
Education savings should support a child's development, rather than allow past financial decisions to determine their future.
5. Expand “College Tuition” into Three Types of Funding Needs
One useful framework for family discussions is to divide the goal into three parts. This is a planning framework, not a requirement that every family use the same allocation.
Funding purpose Main need addressed Planning priority Core education reserve Supporting a reasonable, viable education or training pathway Base the target on the family's budget and the costs of the schools or programs being considered Flexible development reserve Covering internship relocation, nonqualified courses, equipment, career transitions, and similar expenses Preserve flexibility of use while managing investment risk Family financial foundation Preventing education spending from undermining parents' basic living needs and retirement preparation Coordinate emergency savings, debt, retirement, and necessary protection
The core education reserve might use an in-state public university, a community-college transfer pathway, or a verified vocational training program as a reference point. It does not have to predetermine that a child can choose only one of those options.
A flexible reserve gives the family room to adjust if the child changes direction. It can support expenses outside an education account's qualified uses, but not every business or career-related expense should be treated as a tax-free education expense.
One useful framework for family discussions is to divide the goal into three parts. This is a planning framework, not a requirement that every family use the same allocation.
| Funding purpose | Main need addressed | Planning priority |
|---|---|---|
| Core education reserve | Supporting a reasonable, viable education or training pathway | Base the target on the family's budget and the costs of the schools or programs being considered |
| Flexible development reserve | Covering internship relocation, nonqualified courses, equipment, career transitions, and similar expenses | Preserve flexibility of use while managing investment risk |
| Family financial foundation | Preventing education spending from undermining parents' basic living needs and retirement preparation | Coordinate emergency savings, debt, retirement, and necessary protection |
The core education reserve might use an in-state public university, a community-college transfer pathway, or a verified vocational training program as a reference point. It does not have to predetermine that a child can choose only one of those options.
A flexible reserve gives the family room to adjust if the child changes direction. It can support expenses outside an education account's qualified uses, but not every business or career-related expense should be treated as a tax-free education expense.
6. A 529 Plan Is Still Useful, but It Does Not Have to Hold Every Dollar
Concern that a child may not attend college does not make a 529 plan irrelevant.
Under current federal rules, in addition to qualified college expenses, 529 funds may also be used for eligible expenses at qualifying vocational schools, registered apprenticeship programs, and recognized postsecondary credential programs. Eligibility depends on the particular program and expense; not every boot camp, online course, or entrepreneurial expense qualifies.[7]
If money remains, there may be ways to adjust, such as keeping it for future qualified education or changing the beneficiary to an eligible family member under the applicable rules.[8]
When the requirements are met, some 529 funds may also be transferred directly to a Roth IRA for the same beneficiary. Important restrictions include a $35,000 lifetime limit, annual IRA limits and applicable compensation requirements, a 529 account that has been open for at least 15 years, and exclusions for contributions made during the preceding five years and their related earnings. State tax treatment must also be checked separately. This is a limited additional outlet, not an unlimited route for moving education savings into a retirement account.[9]
For nonqualified withdrawals, the earnings portion is generally subject to income tax and may also incur an additional 10% federal tax. This is not a 10% penalty on all contributed principal. Circumstances such as scholarships may qualify for an exception to the additional tax, but do not automatically exempt the earnings from income tax.[8]
When selecting funding tools, it helps to first distinguish their intended uses:
Tool Uses worth considering Limitations to accept 529 education savings plan Relatively well-defined qualified education expenses Rules govern uses, taxes, and investment choices; investments can still lose value A regular investment account in a parent's name Money whose eventual use is uncertain and that has a longer time horizon Returns may be taxable, and market values fluctuate Cash, deposits, and other short-term reserves Nearer-term, relatively predictable expenses Inflation may erode purchasing power over time
Concern that a child may not attend college does not make a 529 plan irrelevant.
Under current federal rules, in addition to qualified college expenses, 529 funds may also be used for eligible expenses at qualifying vocational schools, registered apprenticeship programs, and recognized postsecondary credential programs. Eligibility depends on the particular program and expense; not every boot camp, online course, or entrepreneurial expense qualifies.[7]
If money remains, there may be ways to adjust, such as keeping it for future qualified education or changing the beneficiary to an eligible family member under the applicable rules.[8]
When the requirements are met, some 529 funds may also be transferred directly to a Roth IRA for the same beneficiary. Important restrictions include a $35,000 lifetime limit, annual IRA limits and applicable compensation requirements, a 529 account that has been open for at least 15 years, and exclusions for contributions made during the preceding five years and their related earnings. State tax treatment must also be checked separately. This is a limited additional outlet, not an unlimited route for moving education savings into a retirement account.[9]
For nonqualified withdrawals, the earnings portion is generally subject to income tax and may also incur an additional 10% federal tax. This is not a 10% penalty on all contributed principal. Circumstances such as scholarships may qualify for an exception to the additional tax, but do not automatically exempt the earnings from income tax.[8]
When selecting funding tools, it helps to first distinguish their intended uses:
| Tool | Uses worth considering | Limitations to accept |
|---|---|---|
| 529 education savings plan | Relatively well-defined qualified education expenses | Rules govern uses, taxes, and investment choices; investments can still lose value |
| A regular investment account in a parent's name | Money whose eventual use is uncertain and that has a longer time horizon | Returns may be taxable, and market values fluctuate |
| Cash, deposits, and other short-term reserves | Nearer-term, relatively predictable expenses | Inflation may erode purchasing power over time |
7. An Example: Set a Clear Goal While Keeping the Path Flexible
Suppose a family expects the total net cost of a particular four-year education pathway to be $160,000 when their child enrolls. This figure is illustrative, not an estimate of average college costs. Net costs should include tuition, living expenses, and other relevant costs, less grants and scholarships that have been reasonably confirmed.
After reviewing their cash flow, the parents expect to cover $40,000 from current income while their child is enrolled. That leaves a target of $120,000 to prepare in advance.
They can then examine which portions of that $120,000 are likely to pay for 529-qualified expenses and which should remain flexible, rather than putting all the money into one type of account from the outset.
As circumstances change, the plan can change too:
- The child chooses a four-year college: arrange 529 withdrawals around actual qualified expenses and coordinate scholarships and other tax benefits.
- The child starts at community college and later transfers: recalculate the total cost rather than automatically continuing the original contribution target.
- The child receives a paid apprenticeship opportunity: verify which costs the employer covers and retain necessary transportation, equipment, and living reserves.
- The child works first and returns to school later: some education funds can remain set aside, without assuming that all future expenses will qualify for 529 use.
- The child receives substantial scholarships: reassess uses for the remaining balance and future contributions.
The point is to separate “how much we are willing to support” from “which path our child must take.”
Actual estimates must also consider the years remaining before enrollment, rising costs, investment expenses, and fluctuating returns. Today's four-year costs should not be treated as a certain target for ten years from now, and aid that has not yet been secured should not be assumed to be guaranteed.
Suppose a family expects the total net cost of a particular four-year education pathway to be $160,000 when their child enrolls. This figure is illustrative, not an estimate of average college costs. Net costs should include tuition, living expenses, and other relevant costs, less grants and scholarships that have been reasonably confirmed.
After reviewing their cash flow, the parents expect to cover $40,000 from current income while their child is enrolled. That leaves a target of $120,000 to prepare in advance.
They can then examine which portions of that $120,000 are likely to pay for 529-qualified expenses and which should remain flexible, rather than putting all the money into one type of account from the outset.
As circumstances change, the plan can change too:
- The child chooses a four-year college: arrange 529 withdrawals around actual qualified expenses and coordinate scholarships and other tax benefits.
- The child starts at community college and later transfers: recalculate the total cost rather than automatically continuing the original contribution target.
- The child receives a paid apprenticeship opportunity: verify which costs the employer covers and retain necessary transportation, equipment, and living reserves.
- The child works first and returns to school later: some education funds can remain set aside, without assuming that all future expenses will qualify for 529 use.
- The child receives substantial scholarships: reassess uses for the remaining balance and future contributions.
The point is to separate “how much we are willing to support” from “which path our child must take.”
Actual estimates must also consider the years remaining before enrollment, rising costs, investment expenses, and fluctuating returns. Today's four-year costs should not be treated as a certain target for ten years from now, and aid that has not yet been secured should not be assumed to be guaranteed.
8. An Annual Review Is More Useful Than Trying to Lock In the Entire Future
Each year, the family can revisit five questions together:
- Have the child's interests, learning style, or abilities changed?
- Has the actual net cost of the schools or training programs being considered changed?
- How large is the gap between existing reserves and the goal, and should contributions be adjusted?
- Are emergency savings and the parents' retirement needs also being addressed?
- If the money will be needed within two or three years, is it still exposed to too much market risk?
When researching school costs, compare net prices rather than sticker prices alone. Also examine program completion rates, transfer requirements, occupational qualification requirements, and employment outcomes. How well a particular major or program fits the child often deserves more attention than its name recognition.
Families can also devote some effort to the present: helping children practice communication, evaluate information, collaborate, complete real projects, and check the accuracy of AI-generated content. These investments do not have to be expensive, but they can help children better understand themselves.
Education funding in the AI era does not require parents to predict every occupation more than a decade in advance. It requires an arrangement that is sufficiently resilient and can adapt as the child grows.
If the child needs to attend college, the family has the means to help. If the child finds another well-founded path, the family has the flexibility to support that choice too.
Preparing an appropriate amount for education gives children confidence in their choices while leaving parents room for their own lives.
Each year, the family can revisit five questions together:
- Have the child's interests, learning style, or abilities changed?
- Has the actual net cost of the schools or training programs being considered changed?
- How large is the gap between existing reserves and the goal, and should contributions be adjusted?
- Are emergency savings and the parents' retirement needs also being addressed?
- If the money will be needed within two or three years, is it still exposed to too much market risk?
When researching school costs, compare net prices rather than sticker prices alone. Also examine program completion rates, transfer requirements, occupational qualification requirements, and employment outcomes. How well a particular major or program fits the child often deserves more attention than its name recognition.
Families can also devote some effort to the present: helping children practice communication, evaluate information, collaborate, complete real projects, and check the accuracy of AI-generated content. These investments do not have to be expensive, but they can help children better understand themselves.
Education funding in the AI era does not require parents to predict every occupation more than a decade in advance. It requires an arrangement that is sufficiently resilient and can adapt as the child grows.
If the child needs to attend college, the family has the means to help. If the child finds another well-founded path, the family has the flexibility to support that choice too.
Preparing an appropriate amount for education gives children confidence in their choices while leaving parents room for their own lives.
News Verification and Sources
The following sources support the factual statements used in the original article. Company programs, admission requirements, and tax rules can change and should be checked again before applying or making withdrawals.
[1] Tesla, 2024 Impact Report: the Manufacturing Development Program serves graduating high school students and people beginning their careers.
https://www.tesla.com/ns_videos/2024-extended-version-tesla-impact-report.pdf
[2] Tesla, 2026 Manufacturing Development Program, Austin, and official program information. Completing training provides an opportunity to transition into a role; it should not be described as an unconditional job guarantee.
https://www.tesla.com/careers/search/job/2026-manufacturing-development-program-247788
https://www.tesla.com/event/tesla-x-recent-technical-partnership-graduates
[3] Tesla, Next Gen Internship, Software Engineer, Vehicle Software (Summer 2027), job 281097. The listing explicitly targets high school graduates who expect to begin higher education in fall 2027. The official regional page displays the job requirements in English.
https://www.tesla.com/fi_FI/careers/search/job/next-gen-internship-software-engineer-vehicle-software-summer-2027-281097
[4] Palantir, Students and Early Talent: Meritocracy Fellowship. The official website describes the fall 2026 program; it should not be used to promise future application cycles or employment outcomes.
https://www.palantir.com/careers/students-and-early-talent
[5] International Labour Organization, Generative AI and jobs: A 2025 update, May 20, 2025. Occupational exposure is an assessment of effects on tasks, not a prediction that an equivalent share of jobs will disappear.
https://www.ilo.org/publications/generative-ai-and-jobs-2025-update
[6] U.S. Bureau of Labor Statistics, Education pays, 2025 data and methodological notes.
https://www.bls.gov/emp/tables/unemployment-earnings-education.htm
[7] SEC Investor.gov, An Introduction to 529 Plans, January 28, 2026.
https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins/introduction-529-plans-investor-bulletin
[8] SEC Investor.gov, 10 Questions to Consider Before Opening a 529 Account.
https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins-10
[9] IRS, Topic No. 313, Publication 970, and Publication 590-A. Rules concerning 529 plans, Roth IRAs, and coordination with other benefits should be confirmed for the applicable year.
https://www.irs.gov/taxtopics/tc313
https://www.irs.gov/publications/p970
https://www.irs.gov/publications/p590a
This article provides general educational information and planning discussion. Examples are not promises of returns or individualized investment advice. Account selection, financial aid implications, and tax treatment should be evaluated in light of each family's circumstances.
The following sources support the factual statements used in the original article. Company programs, admission requirements, and tax rules can change and should be checked again before applying or making withdrawals.
[1] Tesla, 2024 Impact Report: the Manufacturing Development Program serves graduating high school students and people beginning their careers.
https://www.tesla.com/ns_videos/2024-extended-version-tesla-impact-report.pdf
[2] Tesla, 2026 Manufacturing Development Program, Austin, and official program information. Completing training provides an opportunity to transition into a role; it should not be described as an unconditional job guarantee.
https://www.tesla.com/careers/search/job/2026-manufacturing-development-program-247788
https://www.tesla.com/event/tesla-x-recent-technical-partnership-graduates
[3] Tesla, Next Gen Internship, Software Engineer, Vehicle Software (Summer 2027), job 281097. The listing explicitly targets high school graduates who expect to begin higher education in fall 2027. The official regional page displays the job requirements in English.
https://www.tesla.com/fi_FI/careers/search/job/next-gen-internship-software-engineer-vehicle-software-summer-2027-281097
[4] Palantir, Students and Early Talent: Meritocracy Fellowship. The official website describes the fall 2026 program; it should not be used to promise future application cycles or employment outcomes.
https://www.palantir.com/careers/students-and-early-talent
[5] International Labour Organization, Generative AI and jobs: A 2025 update, May 20, 2025. Occupational exposure is an assessment of effects on tasks, not a prediction that an equivalent share of jobs will disappear.
https://www.ilo.org/publications/generative-ai-and-jobs-2025-update
[6] U.S. Bureau of Labor Statistics, Education pays, 2025 data and methodological notes.
https://www.bls.gov/emp/tables/unemployment-earnings-education.htm
[7] SEC Investor.gov, An Introduction to 529 Plans, January 28, 2026.
https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins/introduction-529-plans-investor-bulletin
[8] SEC Investor.gov, 10 Questions to Consider Before Opening a 529 Account.
https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins-10
[9] IRS, Topic No. 313, Publication 970, and Publication 590-A. Rules concerning 529 plans, Roth IRAs, and coordination with other benefits should be confirmed for the applicable year.
https://www.irs.gov/taxtopics/tc313
https://www.irs.gov/publications/p970
https://www.irs.gov/publications/p590a
This article provides general educational information and planning discussion. Examples are not promises of returns or individualized investment advice. Account selection, financial aid implications, and tax treatment should be evaluated in light of each family's circumstances.