The 529 plan must be open for at least 15 years. You cannot convert 529 contributions made within the past five years (or the ...

Key Points ・529 plans are no longer just for college degrees. New federal rules allow 529 plan withdrawals for credentialing, ...

While there are no specific 529 plan contribution limits, most people consider the $19,000 annual gift tax exclusion to be ...

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 ...

Savvy parents and grandparents are investing in higher education for their kids. Private College 529 Plan locks in today's tuition rates, saving big on future costs and giving flexibility with school ...

The college admissions and financing process is nothing short of daunting for many Americans. With higher education costs skyrocketing — the average annual cost of college in the United States was $36 ...

GREENSBORO, N.C. — For many folks, paying for college is expensive. Tuition, housing, and books can add up to a pretty hefty bill. This College Savings Month, financial experts are encouraging ...

Higher education costs have rocketed for decades … and parents are getting knots in their stomach trying to figure out how they’re going to save enough money to send their kids to college. 529 plans ...

Monday the S&P 500 closed down 8.62% from its Feb 19 th high. For many parents, it’s a reminder that 529 savings plans are investment vehicles. If your 529 plan is the cornerstone of your education ...

A 529 plan is a tax-advantaged way for parents to save for their children’s education expenses. The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged accounts such ...