The school year will soon be here. And if you have young children, you’re one year closer to the day when they may be headed off to college. When that day arrives, will you be financially prepared?

A 529 savings plan works in some respects like a Roth retirement savings plan. This kind of 529 allows account holders to ...

The maximum contribution limit pertains to each recipient. These limits depend on the state, and range from $235,000 to just ...

As of 2024, families can roll over unused 529 funds to the account beneficiary's Roth individual retirement account, without triggering income taxes or penalties, as long as the 529 plan has been open ...

There are benefits to saving for retirement in a 529 plan. Because these plans impose penalties for non-educational withdrawals, you may want to limit how much money you put into one. Brokerage and ...