While the focus of One Big Beautiful Bill Act has been around income taxes, the far-reaching legislation also includes ...

A 529 plan is a powerful tool to help your savings keep up with the rising cost of education. There are two types: a prepaid ...

Dear Liz: We are tapping our child’s 529 college savings plan for the first time and are confused on what qualifies as a “qualified higher education expense.” Obviously tuition counts, but what about ...

INDIANAPOLIS (WISH) — Significant changes have been made to the 529 savings plan, expanding its use beyond college expenses, as reported by Candy Valentino for WISH-TV. The 529 plan, traditionally ...

Dear Liz: You’ve been writing about what to do with leftover money in 529 college savings plans. Our grandchild went to a great state university with low tuition. To manage this ahead of time, we have ...

— 529 plans are state-sponsored accounts that offer tax-advantaged savings for education expenses; they cover college, trade and vocational courses, and qualified K-12 expenses. — Recent expansions ...

In this segment of Ask The Hammer, Jeffery "The Buckinghammer" Levine answers this reader's question: "What are some of the tax consequences when making a withdrawal from a 529 plan? And how can I ...

A qualified tuition program is a program established and maintained by a state (or agency or instrumentality thereof) or by one or more “eligible educational institutions” that meet certain ...

Dear Liz: We are tapping our child’s 529 college savings plan for the first time and are confused on what qualifies as a “qualified higher education expense.” Obviously tuition counts, but what about ...

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 ...

Editor’s note: This is the second article in a six-part series focused on paying for education using smart financial and estate planning. Other articles focus on direct tuition payments, Coverdell ...