Starting this year, some of the money in 529 college savings accounts can be used for retirement if it’s not needed for education. New rules under the federal law known as Secure 2.0 allow up to ...

OVER 30,000 LOW-INCOME high school seniors in the San Francisco Unified School District have yet to claim the money in their ...

The rollovers can only begin if the money has been in a 529 for at least 15 years. The amount is also subject to annual Roth IRA limits. The contribution limit for 2023 is set at $6,500, with an ...

Whether the funds are for college or vocational studies, she said, "529 plans are better now than they've ever been before and they're more flexible." Here's a breakdown of everything you need to ...

California’s official college savings plan is again offering low- and moderate-income households an incentive to start socking money away for their kids’ higher education. This week the plan ...

Saving for your kids' college tuition is tough. But what's even tougher is deciding the most intelligent, tax-efficient order to tap those college savings: Should you start with 529 plans, cash or ...

A 529 college savings plan with money unspent now has a new potential purpose: to fund a Roth IRA for the original beneficiary. There are restrictions.

One provision of the SECURE 2.0 Act offers a solution to the problem of having excess funds in a 529 college savings plan. After inflation surged in 2022 to a peak not seen since the 1970s, ...

Where 529 funds can be used to pay for college tuition or for computers, textbooks, and other school supplies, money used from a 529 savings plan for private K-12 education can only be used for ...

Families enrolled in a popular college savings plan will face additional delays in accessing their funds, the official in charge of Maryland’s “529” programs said on Thursday.

Contributions to 529 college savings programs fell late last year and early this year, according to industry data, as consumers saved less overall and battled high inflation. But contributions ...