Gotham Gazette

The Place for New York Policy and politics

529 accounts

529 accounts

  • Building a Financial Foundation for Our Children’s Future on 529 Day

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    529 accounts allow college savings for children (photo: Michael Appleton/Mayoral Photography Office)


    In the face of profound economic hardship and uncertainty, families and school communities across one of the most diverse and hardest-hit areas of our city are coming together today in recognition of their collective work to build a financial foundation for their children’s futures. 

    Today, May 29th, is 529 Day.

    529 Day, named after 529 college savings plans, which are investment accounts specifically designed for college and career savings,

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