As an accountant and business advisor I sometimes get questions about the pros and cons of 529 Plan contributions. I’ve seen firsthand with my own children how small and consistent choices we make ...
Learn smart strategies for grandparents to optimize 529 plans, tuition payments, and Illinois/Missouri tax benefits while ...
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 ...
What is a grandparent-owned 529 college savings plan? How do they work? What do you need to know about them and what changes should you know about? A grandparent-owned 529 plan is a type of 529 ...
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 ...
Whitaker Wealth explains 529 vs UTMA accounts, showing how families can save smartly for college with tax benefits and flexibility.
Planning for your child’s education can feel overwhelming, but a 529 education savings plan offers a powerful way to build a financial foundation for their educational future. One in 4 parents ...
The 529 education savings plan got a couple of big upgrades in 2024 as a tool to save and pay for school. Starting this year, Congress is allowing up to $35,000 in leftover savings in the plan to roll ...
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 is a convenient, versatile and tax-advantaged way to save and invest for a child’s or grandchild’s education.