Whitaker Wealth explains 529 vs UTMA accounts, showing how families can save smartly for college with tax benefits and flexibility.
In honor of National College Savings Month, my office has proclaimed September as AZ529 College Savings Month. Starting a state-sponsored AZ529 Education Savings Plan is just one of the great tips I ...
— -- Q: Aren't 529 college savings plans terrible for people investing for college, since they can go down when the stock market falls? A: Hopefully this statement isn't going to surprise anyone: ...
State-sponsored 529 college savings plans have been around for decades, but many families are still unfamiliar with them or have misconceptions. This can cause them to overlook the increasing benefits ...
Before starting a family, Asha Bailey and her husband were already looking for the best ways to plan for their future children’s financial security. In their community in San Diego, 529 college ...
Saving for college is a state of mind. That’s the (simplified) takeaway from new research on 529 college savings plans. Researchers at the University of Chicago found what they described as a ...
Morningstar rated the nation's 529 college savings plans. Ratings for the 64 of the nation's largest 529 college savings plans were released by Morningstar and show some downsides exist for families ...
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 ...
State 529 accounts let you invest money for educational purposes and the balance grows tax-free. Withdrawals are tax-free as well as long as they're used to pay for pre-school, high school or college.
We started our family young and quickly realized the importance of planning for our child's future. Despite more immediate financial pressures, we prioritize our child's 529 savings plan. We are now ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. kate_sept2004 / Getty Images A 529 savings ...
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I’ve loaded my daughter’s 529 plan for years — but now suddenly she wants to skip college. I'm mad. What now?
You’ve spent years saving diligently for your daughter’s education, only to learn she’s decided not to go away to college after all. If you have thousands stashed in a 529 plan, you might be wondering ...
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