Question: We just became grandparents and would like to set up a college fund for our new grandchild. We were recently advised that we could open a “Section 529” plan to safely invest for our ...
Discover five essential risks of investing in 529 plans and how to avoid them, ensuring you maximize education savings for your child's future.
Section 529 plans always have been a good way for families to save for their children's college education. Recent tax and regulatory changes are making these savings accounts an even better choice.
NEW YORK (WABC) -- If you have kids or grandkids who are college-bound, wouldn't it be great if there were a place where you could save and invest for that child's college tuition tax-free? Well, it ...
You may have heard that a 529 plan is a great way to save for your child’s college, vocational training, or trade program. You can even use it to help pay for K-12 expenses too. Now, you’re trying to ...
Morningstar rated the nation's 529 college savings plans. Ratings for the 64 of the nation's largest 529 college savings plans were released by Morningstar and show some downsides exist for families ...
A 529 savings plan works in some respects like a Roth retirement savings plan. This kind of 529 allows account holders to ...
The 529 plan must be open for at least 15 years. You cannot convert 529 contributions made within the past five years (or the ...
When President Donald Trump signed the massive "One Big Beautiful Bill" into law on July 4th, he created several new savings options for parents and grandparents of school-age children. But wading ...
GREENSBORO, N.C. — 529 College Savings Plans have strict guidelines on how the money can be used. However, this summer, a significant change occurred when lawmakers passed legislation. Now, 529 funds ...
Under pressure from Congress and regulators, state operators of Section 529 college savings plans are busily trying to come up with some system that will stave off federal intervention by dealing with ...