A 529 savings plan is often seen as a tool for funding college, but thanks to recent changes, it can also help your child save for retirement. So if you've been reluctant to open a 529 savings plan ...

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 ...

The 529 plan must be open for at least 15 years. You cannot convert 529 contributions made within the past five years (or the ...

As of 2024, families can roll over unused 529 funds to the account beneficiary's Roth individual retirement account, without triggering income taxes or penalties, as long as the 529 plan has been open ...

The massive federal budget bill that recently passed Congress has blessed 529 plans. Many clients contribute to their children’s and grandkids’ 529 accounts. Young adults can open and save in their ...

529 plans come in two flavors: Simple savings and prepaid tuition. Consider your timeline before setting up a 529 plan. Also consider your state, what 529 plans it offers, and how it taxes them. Are ...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Looking for a gift that goes beyond the holidays? ScholarShare 529, California’s official college savings plan, is offering a special incentive to encourage ...

If you have an education savings account to manage while the stock market is flailing, and your kids are heading to college, you may be afraid to log in and survey the damage. Many consumers aren’t ...