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 Trump’s massive tax bill, particularly for parents looking to stash away cash for K-12 expenses. First, a quick overview: 529 plans allow anyone — not just parents — to set aside money in an ...

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.

A 529 savings plan can be used to pay for your child's education, but it can also be used to fund their retirement.

529 plans typically have a narrower range of so-called “qualified expenses.” A qualified expense is anything that can be paid for by the plan that allows you to use the plan’s funds tax-free.

In addition to funding traditional higher education expenses like tuition, room and board, and fees, 529 plans can now be used for up to $10,000 per year in K–12 private or religious school ...

While technically you can tap your 529 plan for whatever amount you want, only withdrawals made for 'qualified education expenses' will avoid taxes. These expenses include costs such as "tuition, fees ...

If you withdraw 529 plan funds for non-qualified expenses, be prepared to pay taxesand, in most cases, a 10% penalty on the earnings portion. Use distributions in the same year you take them ...

With a 529 plan, your withdrawals are tax-free if used for qualified educational expenses.