Setting money aside early for your child's college is a smart decision and radically minimizes the total contribution you have to fund directly when the time comes to start paying for school expenses.
The so-called "big, beautiful" budget bill made headlines for, among other things, introducing a new type of investing account that parents could open on behalf of children under 18. For U.S. citizens ...
NEW YORK (WABC) -- If you have kids or grandkids who are college-bound, wouldn't it be great if there were a place where you could save and invest for that child's college tuition tax-free? Well, it ...
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 ...
Imagine you’re a diligent parent who, haunted by your own student debt, maxes out a 529 college savings plan for your kids every year to afford a pricey private college. Then life veers off script: ...
Discover five essential risks of investing in 529 plans and how to avoid them, ensuring you maximize education savings for your child's future.
GREENSBORO, N.C. — 529 College Savings Plans have strict guidelines on how the money can be used. However, this summer, a significant change occurred when lawmakers passed legislation. Now, 529 funds ...
A 529 plan can help you save for education expenses with tax-advantaged money. Here's a step-by-step guide to your pathway to college savings.
Keep in mind, though, that you may need to file a gift tax return if you give more than the annual exclusion amount, which in 2026 is $19,000 per recipient.