Graduation season is upon us. And while this time brings excitement at watching your child move on to the next stage of their ...

I’m a huge fan of 529 college savings plans, but perhaps not for the reason you think. You see, I live in a state (Indiana), ...

First, 529 plan contributions are generally deductible on state tax returns if you live in a state that has an income tax.

529 plans. You’ve been hearing about them since your first child was born. You’ve put off opening them nearly as long. And now the day has come. It’s time to seriously consider whether or ...

529 plans are one of the best ways to save for your child's college education. These state-sponsored investment accounts offer tax-free earnings and withdrawals that can be used for tuition ...

A 529 savings account is designed to help you save toward your child's future education expenses. By opening a 529 plan, you may be able to reduce future out-of-pocket costs and get a tax break on ...

This same issue exists even if you’re the account owner for separate 529 plans you’ve established for each of your dependent children. You’ll have to include the value of all of these ...

Understanding the differences between these two can help you make an informed decision about which one is best for your situation. Both the Roth IRA and 529 plan are accounts used to save money ...

But don't think the 529 rollover is a loophole to save extra for retirement; there are rules that limit the conversions. Here's what you should consider when converting your 529 funds to a Roth IRA.