The old guys in Congress love 529 plans for their grandchildren’s college funds. Which is why I'd bet these accounts will only get more generous. These tax advantaged savings accounts are meant to be use for college but we’re already seeing the restrictions on use of funds relax. It’s not just tuition and laptops anymore, kids.

Tomorrow's essay is on why I funded one at twenty-eight with no kids, and why you might want to as well.