Saving For College Is Easy With 529 Plans Saving for college has never been a cinch, but the U.S. Congress has made it a little easier. Congress has made the tax benefits of 529 college savings plans permanent, which is great news for parents saving for their child's college education.529 plans are tax-advantaged savings accounts for saving for college. A 529 account is opened on behalf of a beneficiary, usually a future college student...... Similar Editorial : by Julie Zorgo. | Source : State College Book Store