Dollar Cost Averaging Calculator 529
Introduction & Importance
Dollar cost averaging (DCA) is an investment strategy that involves investing a fixed amount of money regularly, regardless of share prices or market conditions. The 529 plan is a tax-advantaged investment vehicle designed to encourage saving for future education costs. Combining these two creates a powerful tool for long-term investing.
For more information, see the IRS guide on 529 plans and the BLS explanation of dollar cost averaging.