A tax-advantaged 529 plan can be a powerful way to save for education thanks to tax-deferred growth and tax-free withdrawals. Jennifer Hollers, LPL Financial senior vice president and head of high-net ...
While millions of people use 529 plans to save for their child's college education, a recent survey from Edward Jones found that a majority of Americans don’t know what a 529 plan is. Out of four ...
There are a few ways to save for college, and one of the most often used is the 529 College Savings Plan. With a 529 plan, you can contribute aftertax dollars into an account that then grows tax-free ...
Q:I am about to become grandparent and would like to set up a college fund for my new grandchild. I was recently advised that I can open a Section 529 plan to safely invest for my grandchild”s college ...
College costs have outpaced inflation. Looking back at the last decade, the 10-year historical rate of increase has been approximately 5% per year, according to The College Board. Luckily, there’s a ...
Parents now face a new fork in the road when investing for children: a freshly created "Trump account" that can come with federal seed money, or the familiar 529 plan that has long dominated college ...
As kids head back to school, it is that time of year when many parents start thinking about saving for their children’s college education. College tuition costs keep increasing year after year and ...