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The new savings vehicles, akin to Individual Retirement Accounts, are designated for children who are U.S. citizens born from ...
Imagine you’re a diligent parent who, haunted by your own student debt, maxes out a 529 college savings plan for your kids ...
President Trump’s massive tax bill, particularly for parents looking to stash away cash for K-12 expenses. First, a quick ...
President Donald Trump’s Big Beautiful Bill will bring some big changes to families’ budgets especially come tax time.
If you don’t need the money right away, keeping your money in the 529 plan until the market recovers and you can recoup your losses is a good option, says Autumn Knutson, founder of Tulsa, ...
The “big, beautiful bill” aims to expand qualified expenses for 529 plans to include SAT fees, trade school tuition and vocational certificates.
Like a 529 education plan, growth within an ABLE account occurs tax-free, so long as distributions are used for a “qualified expense.” ...
A 529 savings plan can be used to pay for your child's education, but it can also be used to fund their retirement.
You can use a 529 plan for study abroad, but only at schools eligible for Title IV federal student aid. Qualified expenses include tuition, fees, book and room and board — but not travel, health ...
One of its provisions stipulates that 529 plans could be used for homeschool expenses. There might be more ways you can save on expenses as a homeschooling educator. Here’s more of what to know.
Little-noticed provisions in the massive tax-and-spending bill that the House of Representatives passed in May would greatly expand tax-free withdrawals from 529 accounts, as the popular plans are ...