Target-date 529 plans "do get very conservative close to school age, and they descend rapidly in terms of risk," said Monica Dwyer, a certified financial planner in West Chester, Ohio. “If you ...

If your student has a qualified special need, a 529 can also cover those costs. This could include any specific adaptive equipment your child needs to attend class or complete their work.

Graduation season is upon us. And while this time brings excitement at watching your child move on to the next stage of their life, it brings many questions as well. One of the questions we ...

In other words, the earnings you have in your 529 plan account now can come out tax-free, but earnings on future contributions you make to your 529 account will be taxed when they come out -- IF ...

Dear Quentin, I originally had my children’s college savings in CDs and a high-yield savings account. In 2021, interest rates were awful so I opened a 529 for each of my kids.

Once your monthly 401(k) or IRA contributions are high enough to help you reach your long-term retirement goals, you can start adding to a 529 college savings plan. 2. Retirement Expenses Vs.

When my spouse and I learned we were expecting our first child, we met with a financial planner and immediately set aside funds for college. After her birth, we began contributing to a 529 college ...

Analysis 529 Accounts Are Not Your Divorce Piggybank “Unilaterally withdrawing funds from 529 accounts to pay for non-education related expenses while a divorce action is pending is a risk not ...

A 529 plan is a tax-advantaged account you can use to pay a wide range of education expenses, with plans sponsored by every state and the District of Columbia. They allow tax-free withdrawals for ...

Graduation season is upon us. And while this time brings excitement at watching your child move on to the next stage of their life, it brings many questions as well. One of the questions we ...

A 529 plan is a tax-advantaged account you can use to pay a wide range of education expenses, with plans sponsored by every state and the District of Columbia. They allow tax-free withdrawals for ...

A 529 plan is a tax-advantaged account you can use to pay a wide range of education expenses, with plans sponsored by every state and the District of Columbia. They allow tax-free withdrawals for ...