You Searched For "529 savings plan" and got 20 results
Sort By:
4 mins read
I have 5 kids and can't pay for their college. I decided not to do a 529 plan, and here's how we are helping them out instead.
We decided to not have 529 plans for our kids and instead set up UTMA accounts for them. They are m…
Kate Wehr
2 mins read
I started my kids' 529 account at birth with the intention of not touching it until college. I changed my mind.
We started setting aside $150 every month for her college fund. Now we are using it to pay for midd…
Jess deCourcy Hinds
71 mins read
What is a 529 plan? How they work and what they're used for
A 529 plan is an investment account earmarked for educational expenses. Earnings and withdrawals ar…
Lee Huffman,Tessa Campbell
4 mins read
Inheritance can destroy a family or be a life-changing gift. Here's how I advise my clients as an estate-planning attorney.
Dana Blue says she's seen clients experience "sudden wealth syndrome," where, after coming into mon…
Jen Glantz
4 mins read
We have 5 kids and live on my husband's public school salary. We have no way of saving for their college education.
My husband is a public school teacher and I'm a freelancer. While money is tight, we are trying to …
Chaunie Brusie
2 mins read
529 plan tax deductions are offered by 34 states - here's the list for 2021, along with states that give breaks for each other's plans
This chart details the 529 plan tax deductions or credits that 34 states provide on contributions f…
Lee Huffman
6 mins read
529 plans offer a tax-free way to save for and pay educational expenses - here's how these state-sponsored investment accounts work
A 529 plan is an investment account earmarked for educational expenses. Earnings and withdrawals ar…
Lee Huffman
3 mins read
My husband and I have a plan for his end-of-year bonus to supercharge our retirement savings
I don't have a 401(k), and I want to make sure I have my own retirement plan in place, so my husban…
Rachel Morgan Cautero
3 mins read
I'm 43 and have a teenager and a baby. I stopped saving for college to pay for diapers and formula.
Sophoan Prak is a financial advisor at Vanguard and a mom to a teen and a baby. She stopped saving …
Kelly Burch
8 mins read
What are the best college-savings investments? 5 ways to grow your money for the ever-higher costs of higher education
Certain investments and savings plans are better for growing a college nest egg. Here are five, alo…
Jean Folger
3 mins read
6 things parents should know about saving money with 529s — they're not just for college, and they come with tax benefits
Two financial advisors share the benefits of creating a 529 account for children, from paying for c…
Kelly Burch
4 mins read
4 things to do today to save money if you want to go to grad school in 5 years
To save money for grad school in five years, start by refinancing private student loans you already…
Liz Knueven
2 mins read
Giving new babies a savings account can help curb wealth gaps and make college feasible. One Democrat wants to make it federal law.
Senator Bob Casey's proposal for automatic savings accounts for every kid in the US plays on a popu…
Juliana Kaplan
5 mins read
I know 529 plans are considered one of the best ways to pay for college, but I won't be opening one for my son. Here's why.
Hryshchyshen Serhii / Getty Images The author is not pictured. We all want our childr…
Sarah Li Cain
5 mins read
A custodial account is a financial account that parents manage in their child's name - a tool to transfer and build wealth that can invest in almost any asset
A custodial account is an investment account that's in a child's name but managed by an adult. Used…
Romona Paden
5 mins read
How to save money if you're planning to have kids in the next 5 years
If you want to have children soon, start saving for medical expenses in an HSA, saving for childcar…
Liz Knueven
1 min read
Cement companies plan price hike of ₹10-30 per bag
Emkay Global in a recent sectoral report said the average pan-India cement price increase was ab…
4 mins read
A tax-advantaged 529 account can help any parent save for college, as long as they know what to look for
A 529 plan is a type of tax-advantaged investment account for education. When you fund a 529, your …
Eric Rosenberg
1 min read
Top Democrats unveil measure to give kids savings accounts where up to $9,000 could go toward college or starting a business
Under the plan supported by Schumer, the federal government would provide $500 annually until the c…
Joseph Zeballos-Roig
3 mins read
A growing number of US states are giving newborns cash for college savings accounts. New research suggests it spurs parents to save more.
Oklahoma started a project 14 years ago to find out if creating a savings account for newborns woul…