Other contribution and tax considerations for 529 plans. The 529 plan has become a popular way to save for college expenses — ...

In this article, I lay out what the plan is and the two different types offered, its benefits and drawbacks and how to save. One evergreen tip: start saving today. “A 529 plan is one of the most ...

Families looking to fund trade school education for their children or themselves can benefit greatly from utilizing 529 plans. The SECURE Act, passed in December 2019, allows up to $10,000 from a ...

Each state offers its own 529 plans (except Wyoming), though most are available to all US residents. In-state account holders may enjoy special benefits, like tax deductions and matching grants.

You aren't necessarily limited to your state's 529 plan, as many of the best-performing 539 plans allow out-of-state participants. However, you may lose some of the strongest benefits with an out ...

A provision of the SECURE Act 2.0 of 2022 that permits certain assets saved for education to be rolled over into retirement accounts is expected to broaden the appeal of tax-advantaged tuition savings ...

Most parents typically worry about funding 529 college savings plans, brokerage accounts, or high-yield savings vehicles for ...

Morningstar has published 529 plan comparisons for over a decade. In the 2023 report, we outline the most compelling plan's savings and tax benefits, the fee structures associated with them ...

Despite the risks and volatility, some families are investing in cryptocurrency to build wealth for their children.

529 plans, growing in value from $105B in 2008 to $509B in 2024, demonstrate rising popularity. The average 529 plan covers roughly 9% of college costs, with contributions varying by income.

You’ve been hearing about them since your first child was born. You’ve put off opening them nearly as long. And now the day has come. It’s time to seriously consider whether or not to open a 529 for ...