Welcome to Czar Finance! Episode 24: Investing 101- Education – 529’s. On today’s episode I will discuss the basics of what a 529 is. I will quickly go over how it works, who can inherit and how much to one can contribute. If you have a child or know someone whom you’d like to help start an educational fund for a 529 is a great way to start. The sooner you start the sooner they might become a millionaire!