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 ...
The 2025 federal tax law risks making 529 plans more costly for states by increasing tax avoidance and allowing wealthy ...
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.
Financial advisers soon will have a new way of evaluating the performance of college savings plans by comparing them with indexes that Morningstar Inc. plans to introduce in late December. The 21 ...
The average cost of tuition and fees at four-year private colleges and universities has grown from $34,970 for the 1994-1995 school year to $58,600 for 2024-2025, according to CollegeBoard. Explore ...
The AICPA Professional Ethics Executive Committee (PEEC) on Friday released for public comment an exposure draft for changes to the AICPA Code of Professional Conduct related to Sec. 529 plans. If ...
Section 529 college savings plans offer numerous advantages and have few disadvantages compared with other options. Their benefits include tax savings, estate planning benefits, high contribution ...
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 ...
Morningstar analysis reveals top five picks as assets in education savings plans cross a key $500-billion milestone.
The Securities and Exchange Commission has charged Thrivent Investment Management for violating the obligations in Regulation Best Interest when brokers for the firm recommended Class A mutual fund ...