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 ...

Tax benefits, fees, matching grants, and investment options are key to getting the most money for your kid’s education.

Explore UGMA/UTMA 529 vs. traditional 529 plans. Understand their benefits, tax implications, and how they affect financial ...

Question: We just became grandparents and would like to set up a college fund for our new grandchild. We were recently advised that we could open a “Section 529” plan to safely invest for our ...

With the cost of college increasing every year, new data shows more families are saving up for their children’s college education, and they’re starting to save earlier than ever before. Merrill Lynch ...

Forbes contributors publish independent expert analyses and insights. I write about investing, retirement, & workplace savings plans. When most people hear “529 plan,” they immediately think of ...

・Under the One Big Beautiful Bill Act (OBBBA), 529 plans now allow payments for many credentials, licensure costs, and continuing education required to maintain professional licenses, not just degrees ...

529 education savings plans are powerful tools to help pay for the mounting costs of an education. Yet some people hesitate to use them. One common concern is oversaving. You can only use 529 funds ...