The 529 plan must be open for at least 15 years. You cannot convert 529 contributions made within the past five years (or the ...
Discover five essential risks of investing in 529 plans and how to avoid them, ensuring you maximize education savings for your child's future.
As the cost of higher education soars, 529 plans are widely recognized as a powerful hedge against college’s escalating costs. Yet many Americans are unaware of their full potential. A new study finds ...
The maximum contribution limit pertains to each recipient. These limits depend on the state, and range from $235,000 to just ...
Once viewed narrowly as college savings tools, 529 plans have significantly evolved through a series of legislative changes. They are now among the most flexible and tax-efficient financial tools ...
Learn how to use your 529 plan to cover study-abroad expenses like tuition, fees, and room and board at eligible foreign ...
The “big, beautiful bill” aims to expand qualified expenses for 529 plans to include SAT fees, trade school tuition and vocational certificates. Money, Getty Images A provision in President Donald ...
While 529 plans offer tax-advantaged growth and withdrawals for qualified education expenses, they also come with restrictions that may not suit every family’s needs. There are several alternatives to ...