New rules established by Congress and the IRS simplify the process for participants to request a hardship withdrawal of DC plan assets; some experts say this could increase... A trio of bills ...
Olivia’s maternal grandfather died when she was a teenager, and it wasn’t until then that she learned of the 529 plan. The ...
Some states offer deductions for 529 plan contributions up to certain limits. 529 plan contributions and qualified withdrawals are tax-free. If you pay state income taxes, you’ll need to report 529 ...
Discover five essential risks of investing in 529 plans and how to avoid them, ensuring you maximize education savings for your child's future.
529 education savings plans are powerful tools to help pay for the mounting costs of an education. Yet some people hesitate to use them. One common concern is oversaving. You can only use 529 funds ...