Wealth advisor Melissa Garrett helps clients of all ages figure out how to fund a loved one’s college or school tuition.

In addition, having little or no liquid savings increased the likelihood that participants would take a 401(k) loan or hardship withdrawal or otherwise reduce contributions to their retirement ...

In 2024, total investments in 529s jumped to $508 billion in June, up nearly 13% from $450.5 billion the year before, according to data from the College Savings Plans Network, a network of state ...

Fact checked by Betsy Petrick You probably know you should be investing, but you might not know where to start. Fortunately, ...

Key points 529 plans provide significant tax breaks when used to pay for a child’s college education. Many states offer a state income tax deduction or tax credit based on contributions to the ...

“Generally, 401(k)s are complex plans, with significant accounting, administration, and filing requirements,” says James B. Twining, CFP, founder and wealth manager of Financial Plan ...

529 plans are one of the best ways to save for your child's college education. These state-sponsored investment accounts offer tax-free earnings and withdrawals that can be used for tuition, books ...

If you qualify, you can save up to $4,150 if you have a qualifying individual plan in 2024 while those with qualifying family plans can save up to $8,300. In 2025, these limits will rise to $4,300 ...

A Medicare medical savings account (MSA) is a type of Medicare Advantage plan. Discover eligibility, coverage, and more for MSAs.

If you qualify, you can save up to $4,150 if you have a qualifying individual plan in 2024 while those with qualifying family plans can save up to $8,300. In 2025, these limits will rise to $4,300 ...