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 ...
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 ...
We are entering a strange new world where there are evolving questions about whether assets and rights are federally regulated or state managed. Some of this is traceable to Dobbs v. Jackson Women’s ...
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.
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, ...
Discover five essential risks of investing in 529 plans and how to avoid them, ensuring you maximize education savings for your child's future.
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