Young families expecting a liquidity event need to know about superfunding — the IRS provision that lets you front-load 5 ...
Parents with children under age 18 can now begin registering for a new type of tax-advantaged savings account known as a Trump account when filing their 2025 tax returns. Register for the account, ...
Saving for college is a state of mind. That’s the (simplified) takeaway from new research on 529 college savings plans. Researchers at the University of Chicago found what they described as a ...
Fortunately, if a 529 plan isn't right for you (or even if it is), there are many ways to squirrel away money for your child's education. Below are my picks for the best ways to save for college.
State 529 accounts let you invest money for educational purposes and the balance grows tax-free. Withdrawals are tax-free as well as long as they're used to pay for pre-school, high school or college.
Families concerned about paying for college and tackling postgraduation student debt may have more options than they realize. The rules governing how 529 college savings plans can be used have ...