Unlock Premium Access — Free For 25 Days. College savings plans and prepaid tuition plans are the two types of 529 plans. Anyone who is a U.S. citizen or resident alien of at least 18 years of ...

How do 529 plans work? Who is a 529 plan best for? Pros and cons of a 529 plan FAQs A 529 college savings plan, also known as a qualified tuition program, is an investment account with tax ...

Some Americans are piling their college funds into cryptocurrency, rather than opting for traditional savings plans.

In no particular order, here are reviews of the best-rated 529 plans as picked by Business Insider's editors in 2025. Bright Start Direct-Sold College Savings Program (Illinois) Bright Start ...

In 2008, the value of all 529 plans was $105 billion. By 2024, that amount roughly quintupled to $508 billion, according to the Investment Company Institute and the College Savings Plan Network.

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 ...

Here’s how to take full advantage of 529 college savings plans — and it’s not just parents who can enjoy the tax benefits either. These state plans offer college savers a solid combination ...

Please note: Many 529 College Savings plans now have a digital distribution option (electronic ACH) which saves time and improves transparency with real-time payment tracking. When requesting a ...

Basically, it’s a savings plan similar to a 401(k). Except in a 529, you save money that you will later use to pay for your kid’s college, instead of for your own retirement. As with 410(k ...

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

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