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), ...

As a new parent, starting a savings fund for your baby is one of the most important steps to can take to secure their future.

Santa Fe, NM, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Education is a pathway to success—a pathway that often requires a funding strategy from families and students. Proactive savings through a 529 education ...

An important part of financial planning for physicians with children can be 529 plans.

Contributions to a Roth IRA can be withdrawn penalty-free to open a 529 plan. 529 plans allow contributions to grow tax-free ...

Here are the investments available in a Coverdell ESA and what else you need to know about the account. A Coverdell account ...

But unless the account owner is over the age of 59 ½, taxes must be paid on such withdrawals. If you are thinking about transferring money from your Roth IRA into a 529 account, here are the ...

Other contribution and tax considerations for 529 plans. The 529 plan has become a popular way to save for college expenses — ...

Though death and taxes may be certain, investors should always seek legal ways to minimize their tax liability. Lower taxes mean higher net investment returns and higher disposable income.

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points.

She points out that 529 plans offer federal tax-free growth if the account is used for qualified ... tax liability or penalty,” Porter says. “Withdrawals for nonmedical expenses are treated ...