This means getting parents involved in funding the 529 plan. One way to encourage family saving is by instituting an informal matching contribution agreement, in which grandparents agree to match ...

A 529 plan is a tax-advantaged way for parents to save for their children’s education expenses. The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged ...

but 529 plans are used by more Americans than any other option — 30% of Americans use a 529 plan. It’s easy to see why, since 529 plans offer a variety of benefits. But they aren’t a one ...