Discover five essential risks of investing in 529 plans and how to avoid them, ensuring you maximize education savings for your child's future.

A 529 savings plan works in some respects like a Roth retirement savings plan. This kind of 529 allows account holders to ...

Learn how to use your 529 plan to cover study-abroad expenses like tuition, fees, and room and board at eligible foreign ...

Opening a 529 college savings account can be a smart move if you’d like to save for college on a tax-advantaged basis. One thing to consider when opening a 529 plan is whether it should be a custodial ...

The purpose of a 529 plan is straightforward at first glance: to provide families with a tax-advantaged account for future education expenses. But not all education costs are eligible. How Can I Use ...

The 529 plan must be open for at least 15 years. You cannot convert 529 contributions made within the past five years (or the ...

529 Plan Basics When you open a 529 account for a child or other person (you can open an account for an adult), the account is funded with “after-tax” dollars. Basically, that means there are no ...

A 529 plan can be a valuable tool in estate planning, particularly for families who want to minimize taxes while saving for education. Contributing to a 529 plan can allow you to remove funds from ...

The average cost of tuition and fees at four-year private colleges and universities has grown from $34,970 for the 1994-1995 school year to $58,600 for 2024-2025, according to CollegeBoard. Explore ...