While similar to the best custodial brokerage accounts, 529 college savings accounts have their own rules, contribution limits, and tax advantages. Make sure to thoroughly compare the top-rated ...

(or even yourself) in a tax-advantaged way. Although 529 savings plan contributions aren't deductible on your federal income ...

Federal gift taxes will be due, however, if you give $19,000 or more in 2025 to any one beneficiary, or $38,000 for clients who file jointly. (Alternatively, clients can give a lump sum of up to ...

I’m a huge fan of 529 college savings plans, but perhaps not for the reason you think. You see, I live in a state (Indiana), ...

Basically, it’s a savings plan similar to a 401(k). Except in a 529, you save money that you will later use to pay for your kid’s college, instead of for your own retirement. As with 410(k ...

529 college savings plans are operated by the states, which means that each state can set its own aggregate contribution limit. In simple terms, this is the maximum total amount of money that can ...

A provision of the SECURE Act 2.0 of 2022 that permits certain assets saved for education to be rolled over into retirement ...

Everyone should have a savings account, but there are cases where you're better off putting your money somewhere else. Find ...

Education is a pathway to success—a pathway that often requires a funding strategy from families and students. Proactive savings through a 529 education savings plan is one way to help pave a path ...

Some Americans are piling their college funds into cryptocurrency, rather than opting for traditional savings plans.

Bank accounts worth knowing about before attending college include checking, savings, and CDs, each of which differ in terms of interest rates and flexibility.