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A practical guide to money market funds, FDIC-insured accounts, and stable-value products inside college savings plans.
While technically you can tap your 529 plan for whatever amount you want, only withdrawals made for 'qualified education expenses' will avoid taxes. These expenses include costs such as "tuition, fees ...
College-savings accounts currently hold about $500 billion, and savers may soon be able to use these funds for much more than ...
A 529 savings plan can be used to pay for your child's education, but it can also be used to fund their retirement.
Coverdell vs. 529 plan account Before we dive into the differences between Coverdells and 529 plans, let’s run through a list of similarities. Both plans: ...
A 529 plan is a great way to enjoy some tax advantages while you save up for college. But after all that hard work saving, you want to make sure you are smart about tapping those funds. Sticking ...
The goal of these accounts is, once opened, to track a stock index, per Time. It means unlike 529 plans or Coverdell ...
The proposed accounts offer babies a government kick-start, but they come with more restrictions than 529 college savings ...
The “big, beautiful bill” aims to expand qualified expenses for 529 plans to include SAT fees, trade school tuition and vocational certificates.
Even though my son won't be going to college for years and I'm facing financial stressors, I still make sure to put money in ...
If you don’t need the money right away, keeping your money in the 529 plan until the market recovers and you can recoup your losses is a good option, says Autumn Knutson, founder of Tulsa, ...
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