AShira Nelson said the funds are intended for college or trade school, with unused money transferable to a Roth individual ...

The IRS describes these accounts as a type of “traditional individual retirement account (IRA) that is established for the exclusive benefit of an eligible individual.” ...

The concept of pretax contributions might seem complicated but it essentially refers to the funds you invest into specific types of retirement accounts before income tax is withdrawn. This strategy ...

An education IRA is a tax-advantaged savings account that can be used to pay for education expenses. Funds in these accounts, which are also known as Coverdell education savings accounts (ESAs), can ...

The changes are part of President Trump's tax and spending overhaul last year, and while most take effect for returns filed in April, some are either new or being updated for the 2027 tax season.

He insists it’s better to use our regular assets to live on and let the IRA monies grow as long as possible. I’d rather save ...

Trump accounts offer free money for some families. But other details have yet to be resolved, experts say. Here's what to expect.

From tuition and student fees to room and board, paying for higher education can get expensive. There are tools that can help you cover the cost without taking out a loan.

Age 59 is a financial milestone as it marks the transition between retirement saving and strategizing distributions.

Trump promised to expand the use of 529 education savings accounts to homeschoolers, allowing $10,000 a year per child, tax-free. His administration's tax and spending law increases the annual ...

News Corporation announced Thursday that it will match the US Treasury’s $1,000 deposits in Trump accounts for eligible employees – becoming the latest major employer to support the new ...