Prepaid tuition plans are a type of 529 plan that allows you to set aside money now for your child’s college education.

Key Points ・Funding a 529 plan with gifts is a fantastics way to save for college. ・Gift tax rules allow up to $19,000 per ...

By opening a 529 plan, you may be able to reduce future out-of-pocket costs and get a tax break on your state income tax return. You aren't necessarily limited to your state's 529 plan ...

Investopedia / Tara Anand A 529 plan can be a great way to save money for college, as earnings are generally exempt from federal and state income taxes if used for qualified education expenses.

Consider adding these three top-ranked, best-performing and well-managed mutual funds to your retirement portfolio if you are looking to maximize returns. Take a look at these three top-ranked, ...

The AICPA Professional Ethics Executive Committee (PEEC) approved revisions to the "Section 529 Plans" interpretation (ET §1.240.070) of the Code of Professional Conduct's "Independence Rule." The ...

529 savings plans can cover qualified educational expenses at all levels, including graduate school. The money you contribute to a 529 plan is federally tax-deferred, and eligible withdrawals from ...

Virginia’s Democratic lawmakers passed the commonwealth’s budget, but they publicly surmised that their plans could be derailed by President Donald Trump’s administration and his billionaire ...

Vestwell has just strengthened its presence in New England as it secures an agreement to oversee one of Vermont's crucial state savings programs. The fintech firm announced it has been selected to ...

Some states offer deductions for 529 plan contributions up to certain limits. 529 plan contributions and qualified withdrawals are tax-free. If you pay state income taxes, you’ll need to report ...