Every parent hopes their children will someday attend college and change the world. The reality is that not every child can ...

Redditors discuss the 529 plan grandparent advantage and how it can help people save money when attending college.

Many families and individuals who want effective and efficient ways to save for education expenses often turn to the ever-popular 529 plan, which offers wide-ranging tax benefits. In recent years, the ...

Each January, your mailbox and email are likely filled with tax forms. You'll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance ...

J.P. Morgan Asset Management today launched the 12th edition of its annual College Planning Essentials. This comprehensive ...

College isn’t cheap. However, depending on your situation, you might be eligible to deduct all or a portion of tuition costs ...

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a ...

If you're looking to set aside money for your children or grandchildren, two great options to consider are 529 Plans and UTMA accounts, each offering unique benefits depending on your savings goals.

Forbes contributors publish independent expert analyses and insights. I am a financial planner and subject matter expert in college savings.

529 Education Saving Plans are tax-advantaged investment vehicles in which ... And then when you use the money for qualified education expenses like tuition or room and board, in some cases, then you ...

Marshall noted that 529 plans are tax-advantaged investment ... Money that goes into these accounts gets taken out pre-tax for qualified expenses connected to higher education and tuition.