State 529 accounts let you invest money for educational purposes and the balance grows tax-free. Withdrawals are tax-free as ...
The stock market's wild ride is having an impact on families who use a 529 college savings account, a tax-free way for parents to save for educational expenses. There are 17 million active 529 ...
Saving for college has long been a priority for families, but recent changes to popular 529 savings plans are giving parents ...
For those with tuition bills now coming due, there are a few key considerations before tapping those accounts. "With a little planning, making withdrawals can be something to celebrate, not just ...
529 plans, growing in value from $105B in 2008 to $509B in 2024, demonstrate rising popularity. The average 529 plan covers roughly 9% of college costs, with contributions varying by income.
Beginning in September, New York’s 529 College Savings Program will offer more investment options, lower costs, raise the maximum allowable balance and eliminate the $25 minimum contribution. “Now’s ...