Young and the Invested on MSN
The college savings playbook: 7 alternatives to 529 plans
Saving for college is a major financial goal for many parents: they want their kids to afford a shot at paying for one of the ...
Much like the way 401(k) plans revolutionized retirement savings decades ago, 529 savings plans have transformed how families ...
Morningstar rated the nation's 529 college savings plans. Ratings for the 64 of the nation's largest 529 college savings plans were released by Morningstar and show some downsides exist for families ...
Planning for your child’s education can feel overwhelming, but a 529 education savings plan offers a powerful way to build a financial foundation for their educational future. One in 4 parents ...
Learn how to make 529 plan contributions as a gift, understand the gift tax rules, and explore how to contribute efficiently ...
Once viewed narrowly as college savings tools, 529 plans have significantly evolved through a series of legislative changes. They are now among the most flexible and tax-efficient financial tools ...
Morningstar's study of this growing area of asset management suggests that 529 plan quality is rising, despite the research ...
Interest in Section 529 college savings plans that are backed by the Federal Deposit Insurance Corp. is picking up amid the stock market's downturn. Last month, the Salt Lake City-based Utah ...
Assets for 529 college savings plans managed by Fidelity Investments grew nearly 60% for the past year ending Aug. 31 to $13.5 billion. Boston-based Fidelity, one of the nations leading 529 plan ...
— -- People who have been involved in serious auto accidents tend to drive very carefully for months, or even years, after the collision. Some buy a bus pass and never drive again. Many parents ...
Olivia’s maternal grandfather died when she was a teenager, and it wasn’t until then that she learned of the 529 plan. The grandfather named Olivia’s aunt as the successor owner of the plan, since he ...
A 529 plan is a tax-advantaged education savings plan that can be opened by anyone, subject to the rules in the state where it’s issued. However, it is typically opened by a par ...
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