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 ...

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 ...

NEW YORK — One year after the passage of the landmark Pension Protection Act, which made federal tax breaks for Section 529 college savings plans permanent, the programs are approaching “critical mass ...

The best place to open a 529 plan for most Americans is their own state. 529 plans come with a host of great benefits, but those benefits are governed by their state tax rules. Opening a 529 plan in ...

ROCHESTER, N.Y. – As the school year begins for some districts, families are encouraged to discuss funding their children’s futures. Deanna Dewberry of News10NBC reported on the importance of starting ...

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

The state of New York is late in putting out its request for proposal for its direct-sold Section 529 college savings plan, and in-state investors are paying higher fees as a result of the state's ...

State-sponsored 529 college savings plans have been around for decades, but many families are still unfamiliar with them or have misconceptions. This can cause them to overlook the increasing benefits ...

— -- Q: Aren't 529 college savings plans terrible for people investing for college, since they can go down when the stock market falls? A: Hopefully this statement isn't going to surprise anyone: ...

While 529 plans offer tax-advantaged growth and withdrawals for qualified education expenses, they also come with restrictions that may not suit every family’s needs. There are several alternatives to ...

For years, 529 accounts were synonymous with college savings plans. But recent updates have given the accounts a makeover. “They’ve become education savings accounts, not just college savings accounts ...