Sep 4, 2025 · Q. I have not set up a 529 plan for my child. Can I start one now and take advantage of this new computer benefit? Answer: You can start one anytime. But the benefit …

Nov 20, 2025 · Section 529 plans are tax-advantaged accounts that can be used to pay educational expenses, including K–12 education, apprenticeship programs, credentialing …

Nov 21, 2025 · Not all education expenses qualify for tax-free 529 plan withdrawals. Learn what counts as a 529 qualified expense, what doesn’t, and how to avoid penalties on non-qualified …

What is a 529 plan? A 529 plan is a special savings account in which the investment growth and withdrawals are tax-free if the money is used for qualified education expenses.

Dec 17, 2025 · For IRS guidance on 529 plan definitions and qualified withdrawals, see the IRS 529 Plans Questions and Answers. Recent legislation expands both the annual K–12 …

Aug 22, 2025 · Previously, 529 plans could be used for college tuition, fees, books, supplies, and certain room and board costs. In recent years, the law had already expanded to allow up to …

Sep 16, 2025 · Making the most of a 529 in 2025 (and beyond) Updates to 529 rules may give families more control over how they save for education, especially as needs or career paths …

To open the account, you must be a US resident, age 18 or over, with a US mailing and legal address, and a Social Security number or Tax ID. Who can be a beneficiary? Anyone, of any …

Jul 8, 2025 · On July 4th, Trump signed the bill into law, with some provisions taking effect immediately. However, the exact timeline for 529 expansions may depend on guidance from …

Jul 24, 2025 · If you’re a high earner juggling the dual goals of building your retirement nest egg and investing in your children’s future, the new 529 rules from the One Big Beautiful Bill Act …