While there are no specific 529 plan contribution limits, most people consider the $19,000 annual gift tax exclusion to be the main contribution limit. 529 plans are tax-advantaged accounts that allow ...

A 529 plan is a tax-advantaged way for parents to save for their children’s education expenses. The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged accounts such ...

The 2025 federal tax law risks making 529 plans more costly for states by increasing tax avoidance and allowing wealthy ...

529 college savings plans are excellent ways to save for the educational expenses of loved ones (or even yourself) in a tax-advantaged way. Although 529 savings plan contributions aren't deductible on ...

This holiday, skip the toys. Learn why families are asking for 529 and ABLE contributions to give kids a meaningful gift for ...

Some states offer deductions for 529 plan contributions up to certain limits. 529 plan contributions and qualified withdrawals are tax-free. If you pay state income taxes, you’ll need to report 529 ...

With college affordability a top concern for families, saving for higher education is more of a priority. Financial experts often recommend a 529 college savings plan. Anyone can contribute — you ...

Wealth Enhancement reports seven year-end tax moves to optimize savings, including maximizing retirement contributions and ...

529 plan withdrawals for noneducational expenses generally carry a 10% tax penalty. A recent law change lets 529 plan owners roll up to $35,000 in excess funds into a Roth IRA in the beneficiary's ...

Case Western Reserve University employees now can use direct deposit to make contributions to a new or existing CollegeAdvantage 529 savings plan. To do so, visit collegeadvantage.com to create an ...

A 529 plan is a state-sponsored account that offers tax-advantaged savings to cover college, trade and vocational courses, as ...