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 ...
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 ...
Imagine you’re a diligent parent who, haunted by your own student debt, maxes out a 529 college savings plan for your kids every year to afford a pricey private college. Then life veers off script: ...
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 ...
Morningstar's study of this growing area of asset management suggests that 529 plan quality is rising, despite the research ...
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 ...
Beginning July 4, any parent can set up an account for their child and contribute up to $5,000 a year. Employers can also pitch in $2,500 annually without affecting workers’ taxable income. Additional ...
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 ...
— -- 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 ...