Young families expecting a liquidity event need to know about superfunding — the IRS provision that lets you front-load 5 ...

For many families, 529 plans are considered the ideal way to save for education, offering tax-free growth, state tax benefits, and flexible usage for college, K–12 tuition, apprenticeships, and even ...

Range reports that the OBBBA will enhance 529 plans in 2026, doubling K-12 distribution limits and expanding eligible expenses for higher education.

A financial advisor can help families save for education using 529 plans and align education planning with their broader financial goals. A 529 plan is a tax-advantaged account, where money grows and ...

When family politics enter the picture, things can get complicated.

May 29 is nationally recognized at 529 College Savings Day, a day (mostly celebrated by a niche group of higher education experts and personal finance enthusiasts) to draw attention to the ...

As of 2024, families can roll over unused 529 funds to the account beneficiary's Roth individual retirement account, without triggering income taxes or penalties, as long as the 529 plan has been open ...

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 ...

Forbes contributors publish independent expert analyses and insights. I write about investing, retirement, & workplace savings plans. When most people hear “529 plan,” they immediately think of ...

Discover if a single 529 plan can work for multiple children or if separate plans are necessary to avoid administrative challenges.