The 8th Circuit blocked Biden’s SAVE plan, ruling his administration overstepped its authority. The decision halted debt relief, citing Supreme Court precedent.

Federal gift taxes will be due, however, if you give $19,000 or more in 2025 to any one beneficiary, or $38,000 for clients who file jointly. (Alternatively, clients can give a lump sum of up to ...

Everyone should have a savings account, but there are cases where you're better off putting your money somewhere else. Find ...

The financial landscape in 2025 is shaping up to be anything but predictable. With shifting economic policies, lingering ...

The school year is now more than halfway over, 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 ...

The Dept. of Ed., which Trump may soon try to dissolve anyways, also “terminated 89 contracts worth $881mm,” according to an ...

The Fed's latest Survey of Consumer Finances shows that the typical American household has $5,300 in a savings account at a ...

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

First, 529 plan contributions are generally deductible on state tax returns if you live in a state that has an income tax.

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

A provision of the SECURE Act 2.0 of 2022 that permits certain assets saved for education to be rolled over into retirement ...

A first home savings account (FHSA) is a registered plan which allows you, if you are a first-time home buyer, to save to buy or build a qualifying first home tax-free (up to certain limits). Your ...