<prompt> Human: I live in Massachusetts. I just graduated from undergrad and have a pretty solid starting salary. Id say theres an 80 chance I attend grad school in a few years, but certainly not 100. Would it make sense to open a 529 plan for myself? Looks like I can deduct up to 1000 from my Massachusetts income tax each year. But what if I dont end up going to grad school?  <response>: Do the 529 anyways. You can use it for any education in the future like a certificate course as long as it meets certain requirements. If you never take a class again you can change the beneficiary to any other family member out to your third degree of consanguinity cousin. Dont want to help a little brother or cousin. Let it grow and change the beneficiary to your kid if you ever have one. Make sure youre maxing out your retirement first. 