The 2025 federal tax law risks making 529 plans more costly for states by increasing tax avoidance and allowing wealthy ...
Once viewed narrowly as college savings tools, 529 plans have significantly evolved over the years. They are now among the most flexible and tax-efficient financial tools available, covering ...
This holiday, skip the toys. Learn why families are asking for 529 and ABLE contributions to give kids a meaningful gift for ...
The average cost of college has more than doubled in the 21st century, leaving many students struggling to pay for higher ...
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 ...
As an accountant and business advisor I sometimes get questions about the pros and cons of 529 Plan contributions. I’ve seen firsthand with my own children how small and consistent choices we make ...
Beth Pinsker is a financial-planning columnist at MarketWatch. She has been a certified financial planner (CFP®) since 2018. Previously, she worked at Reuters, Fidelity and Walletpop.com. Prior to ...
A 529 savings plan can be a powerful tool when saving for future education expenses because investments in the plan can increase tax-free, but many savers don’t take full advantage of the benefits ...
'Are there any other ways I can consider transferring the wealth to her?' "I'm thinking of transferring the money to her Roth IRA, which was established when she was a teenager." (Photo subjects are ...
After taking its college savings accounts offline in October, LOSFA announced the accounts are back online and were not ...
Five-year-old Arlo Guevin from Sitka received a $25,000 Alaska 529 scholarship. Selected from over 13,000 entrants, the award ...