Discover five essential risks of investing in 529 plans and how to avoid them, ensuring you maximize education savings for your child's future.

The maximum contribution limit pertains to each recipient. These limits depend on the state, and range from $235,000 to just ...

A 529 savings plan works in some respects like a Roth retirement savings plan. This kind of 529 allows account holders to ...

Once viewed narrowly as college savings tools, 529 plans have significantly evolved through a series of legislative changes. They are now among the most flexible and tax-efficient financial tools ...

529 Education Saving Plans are tax-advantaged investment vehicles in which your money grows tax-free. Depending on the level of tax benefit your state’s plan offers, it may be worthwhile to look out ...

Forbes contributors publish independent expert analyses and insights. I share strategies for getting ahead financially and building wealth. University student, woman and outdoor for graduation with ...

A new Morningstar assessment of 529 college savings plans has spotlighted five state-sponsored programs for their exceptional stewardship and investment quality, while industry assets continue to ...

State 529 accounts let you invest money for educational purposes and the balance grows tax-free. Withdrawals are tax-free as well as long as they're used to pay for pre-school, high school or college.

COLUMBUS, Ohio — Megan Garbe’s daughter may only be in second grade, but she is already thinking ahead to the day her child heads off to college. Like many parents concerned about the soaring price of ...

While much of the focus of the Trump administration’s signature One Big Beautiful Bill Act (OBBBA) has been around income taxes, the far-reaching legislation also includes changes to areas like ...

529 plans aren't just for college anymore. In this podcast, Motley Fool personal finance expert Robert Brokamp speaks with Martha Kortiak Mert of Savingforcollege.com about the newly expanded uses of ...