How to Invest: Saving for college: the pros and cons of 529 savings plans, prepaid plans and how to decide No Comments Uncategorized A 529 plan is one smart way to save, invest and pay for college expenses in a tax-advantageous way. A 529 plan is one smart way to save, invest and pay for college expenses in a tax-advantageous way. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to print (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on WhatsApp (Opens in new window)