One popular option is the 529 Savings Plan, a tax-advantaged account specifically designed for education expenses. These plans allow contributions to grow tax-free, and withdrawals for qualified ...

DOGE said it cut $881 million at the Education Department. The real savings are much less. "It's clear that this was not put together with a great deal of care," one researcher said about DOGE's ...

‘A broken promise’: Maryland college savings plan blocks parents from withdrawing money. Officials say some accounts have too much money and others have too little.

The analysis looked at 48 separate programs (22 school voucher programs, 21 tax-credit scholarship programs, and five education savings account programs) in 25 different states, as well as the ...

At the state level, Texas recently became the latest to offer parents direct control of their child’s K-12 schooling through education savings accounts (ESAs).The new program will offer $10,000 ...

“A lack of sufficient savings and retirement preparation negatively influences retirees’ spending outlook, particularly among those with total annual household incomes below $50,000.

It seems almost quaint now to recall the passage of Gov. Bill Lee's Education Savings Account (ESA) pilot program in 2019 that allowed eligible students in Davidson and Shelby County schools to ...