QES

QES stands for the Qualified Education Savings Plan, which is a savings plan that parents can use to save money for their child's college education expenses. Parents and guardians can make contributions to the QES Plan, which are then invested in stocks, bonds, and other investment products. The money saved in the Plan can be used to pay for tuition, textbooks, room and board, and other related costs of higher education. The QES Plan has tax advantages, which means the money saved in the Plan can grow faster than money saved in other ways. Parents and guardians can use the money saved in the QES Plan to help their child pay for college expenses.