A 529 plan is a tax-advantaged savings account intended for college education expenses. These plans charge fees, which vary by state and whether the plan is advisor-sold or direct-sold. Common fees ...
Morningstar Inc. this fall for the first time will publish ratings for all of the college savings plans in the 529 market. Up ’til now, Morningstar has released an annual list of the best and worst ...
While the focus of One Big Beautiful Bill Act has been around income taxes, the far-reaching legislation also includes changes to areas like 529 plans.
As college costs continue to climb and student loan debt surges, it is more important than ever to begin saving early for higher education. Perhaps the best tool in preparing financially for college ...
GREENSBORO, N.C. — 529 College Savings Plans have strict guidelines on how the money can be used. However, this summer, a significant change occurred when lawmakers passed legislation. Now, 529 funds ...
A 529 plan is a convenient, versatile and tax-advantaged way to save and invest for a child’s or grandchild’s education.
529 plans aren't just for college anymore. In this podcast, Motley Fool personal finance expert Robert Brokamp speaks with Martha Kortiak Mert of Savingforcollege.com about the newly expanded uses of ...
While most people associate 529 money with college tuition, the plans can cover much more. "Educational supplies, like ...
Since their launch more than 20 years ago, 529 education savings plans have helped students and their families better access higher education through tax-advantaged investing. Moreover, 529 plans have ...
The SECURE 2.0 Act, passed in 2022, made a major change to 529 plans. It gives families an alternative to paying a 10% penalty for non-educational withdrawals. There are conditions you need to be ...
BOSTON--(BUSINESS WIRE)--MEFA’s U.Fund College Investing Plan has earned a Gold Medal Rating from Morningstar, placing it among the nation’s best 529 college savings plans. Families have been saving ...
Under pressure from Congress and regulators, state operators of Section 529 college savings plans are busily trying to come up with some system that will stave off federal intervention by dealing with ...