529 plans can be confusing, and 529 plan ownership rules don't make it any better. 529 plans provide a tax-advantaged way to save for education costs. Generally, parents or grandparents open up 529 ...
Every year, investors use 529 plans to save for their loved ones' educations. While this tax-advantaged account has many benefits, one concern has long persisted with parents, grandparents and others: ...
A 529 account is a tax-advantaged savings plan designed primarily for education expenses, and recent legislation has significantly broadened its uses. As of July 2025 and the passage of the One Big ...
While many people don't have an extra $9,000 to spare, leaving the funds in the 529 account might make the most sense if you ...
I’m sure you’ve noticed, the light of the late afternoon and evening has already changed here in Northwest Indiana. While we still have plenty of daylight, the shadows foretell the future. Summer is ...
A new Roth IRA conversion option for unused money in 529 college savings plans, which went into effect this year, is likely to spur more college savings, according to a new survey from Saving For ...
Federal income tax law offers tax advantages to taxpayers that save money in specially designated accounts earmarked for future educational expenses (“529 Accounts”). In addition, federal income tax ...
While the Republican-backed budget reconciliation bill still has a long way to go through the hallowed halls of Congress, it could eventually bring positive changes for education-focused savers, ...
My family dodged a major financial catastrophe this spring. Our story ends well, but for a while it looked like we were totally cooked financially. It made me realize — again — how difficult it can be ...