Americans have amassed $525.1 billion for educational expenses in 529 plans as of December 2024, according to the Education Data Initiative. That amounts to around an average of nearly $31,000 for the ...

Whitaker Wealth explains 529 vs UTMA accounts, showing how families can save smartly for college with tax benefits and flexibility.

Key Points ・You can use a 529 plan to pay for trade school and vocational school. ・Vocational and trade schools must be ...

As a parent, you may have high hopes that your child will somehow earn a full-ride scholarship to the college of their dreams. But realistically, that's pretty rare. Only about 7% of college students ...

State-sponsored 529 college savings plans have been around for decades, but many families are still unfamiliar with them or have misconceptions. This can cause them to overlook the increasing benefits ...

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 ...

As an accountant and business advisor I sometimes get questions about the pros and cons of 529 Plan contributions. I’ve seen firsthand with my own children how small and consistent choices we make ...

A 529 plan is a convenient, versatile and tax-advantaged way to save and invest for a child’s or grandchild’s education.

SAN DIEGO (KGTV) — Saving for college has long been a priority for families, but recent changes to popular 529 savings plans are giving parents more flexibility in how they use those funds. The ...

INDIANAPOLIS (WISH) — Significant changes have been made to the 529 savings plan, expanding its use beyond college expenses, as reported by Candy Valentino for WISH-TV. The 529 plan, traditionally ...

In my last column I covered the basics of 529 College Savings Plans and how they help parents and grandparents fund future education expenses. But even after I explain the benefits to those who are ...