Are you among the many who have invested in a tax-favored Section 529 college savings plan for the benefit of a child or grandchild? If you did, it may finally be time to withdraw some money to pay ...
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.
You opened a 529 college savings plan, socked money away and dreamed about the future. But then your child tells you they don’t want to go to college. Maybe they’re considering trade school, starting ...
The massive federal budget bill that recently passed Congress has blessed 529 plans. Many clients contribute to their children’s and grandkids’ 529 accounts. Young adults can open and save in their ...
Just like old wine in a new bottle, an old meme has gotten an analog horror makeover with the SCP-67 kid. The trend has gone viral on TikTok with several versions showing the character with his mouth ...
Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...
As administrator of South Carolina’s Future Scholar 529 Plan, I’m happy to share that the recent passage of the One Big Beautiful Bill Act spells good news for South Carolina families who are using ...
President Donald Trump's mega tax bill will expand the uses for 529 education savings plans, but enough limitations remain to potentially give some investors pause, some experts say. State-run, ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. kate_sept2004 / Getty Images A 529 savings ...
The pressure is on for employers to beef up their financial wellness offerings. If you ask Jennifer Uhlar, benefit managers are missing out on a pretty obvious one: A college savings plan. "529 plans ...
529 Education Saving Plans are tax-advantaged investment vehicles in which your money grows tax-free. Depending on the level of tax benefit your state’s plan offers, it may be worthwhile to look out ...
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.
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