Used properly, distributions for qualified education expenses are tax-free. That includes college, trade school, and — thanks ...
There’s a new rule in place that makes 529 plans an even more attractive way to save for your child’s education. As of last year, unused funds in a 529 plan can be transferred into a Roth IRA. As a ...
The hosts of the How to Money podcast, on Friday Flight episode #1131, drew a line most parents funding a 529 have never ...
Sweeping changes under the One Big Beautiful Bill Act are broadening how 529 plan funds can be used, doubling the federal K–12 withdrawal limit to $20,000 and adding eligible expenses such as ...
529 education savings plans are powerful tools to help pay for the mounting costs of an education. Yet some people hesitate to use them. One common concern is oversaving. You can only use 529 funds ...