Republican Senate hopeful Mike Rogers is proposing to allow U.S. home-buyers to withdraw money without penalty from their 529 college savings plans to make a down payment on a home. The pitch is part ...

Do you know how much you’re able to contribute or what the funds could be used to pay for? Check out the nitty-gritty details ...

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

Families concerned about paying for college and tackling postgraduation student debt may have more options than they realize. The rules governing how 529 college savings plans can be used ...

The changes are part of President Trump's tax and spending overhaul last year, and while most take effect for returns filed in April, some are either new or being updated for the 2027 tax season.

New parents filing their taxes this year may be eligible for a new government-funded investment account designed to help children build long-term savings. Under a federal law, babies born between Jan.

Families can start the process to open Trump accounts, an investing account for kids, when filing 2025 returns. The interest in early wealth building prompted varying estimates of how much accounts ...

Learn how to withdraw 529 plan funds penalty-free for non-qualified expenses in specific situations, including scholarships, and manage your educational savings efficiently.

Dear Liz: My parents set up 529 college savings accounts for my niece and nephew. The accounts are now quite substantial. My nephew chose to go to community college for his freshman year, and seems to ...

Trump promised to expand the use of 529 education savings accounts to homeschoolers, allowing $10,000 a year per child, tax-free. His administration's tax and spending law increases the annual ...