Typically, parents in the U.S. take out what’s known as a ‘529 savings plan’ when they set about building up a college fund for their offspring. Sponsored by a state or an educational ...

Say you made saving for your kids’ college education a priority, but then grandma swoops in and pays for everything. What ...

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 ...

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.

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 ...

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 ...

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 ...

American Funds College 2036 Fund earns a High Process Pillar ... The transition demonstrated a considered succession plan and a commitment to keeping the leadership team-oriented and investor ...