Here are the provided terms along with their respective definitions:
529 plan: A savings plan for education designed to help set aside funds to pay for future college costs.
Claim: A request for payment from an insurance company.
Diversification: Investing in a variety of investments in order to limit losses in the event of a sharp decline in a particular type of investment.
Liquidity: The ease with which an investment can be turned into cash without losing its value.
Return: The profit or gain from saving or investing money.