Question: We just became grandparents and would like to set up a college fund for our new grandchild. We were recently advised that we could open a “Section 529” plan to safely invest for our ...

NEW YORK -- Section 529 plans have always been a good way for families to save for their children's college education. Recent tax and regulatory changes are making these savings accounts an even ...

Section 529 college savings plans offer numerous advantages and have few disadvantages compared with other options. Their benefits include tax savings, estate planning benefits, high contribution ...

Financial advisers soon will have a new way of evaluating the performance of college savings plans by comparing them with indexes that Morningstar Inc. plans to introduce in late December. The 21 ...

I’m sure you’ve noticed that the cost of college tuition has been climbing MUCH higher than the annual inflation rate. I would love to have somebody explain how that is possible. In the meantime, it’s ...

Have children, or thinking about kids someday? According to the College Board, the average cost of college tuition has soared to $28,840 per year for in-state schools and $60,420 for private schools, ...

· Thanks to the SECURE 2.0 Act of 2022, 529 account holders are now allowed to roll over up to $35,000 in unused funds into a Roth IRA · They also offer tremendous flexibility: Contributions of up to ...

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

Section 529 plans always have been a good way for families to save for their children's college education. Recent tax and regulatory changes are making these savings accounts an even better choice.

A qualified tuition program is a program established and maintained by a state (or agency or instrumentality thereof) or by one or more “eligible educational institutions” that meet certain ...