Why are some people hesitant to use them? One common concern is oversaving. You can use 529 funds to cover only qualified ...

State Treasurer Roby Smith says you still contribute to an I-Save 529 plan for someone’s education and get a tax break for ...

While the federal government places no caps on contributions to a 529 plan, it can deter contributions by imposing taxes and a penalty. In 2024, if your contribution as an individual exceeds $18,000 ...

It’s always a good idea to save up for paying for postsecondary education costs, rather than have to pay for them at the time ...

A 529 plan is a tax-advantaged savings plan designed to help parents or grandparents cover the costs of their child’s or ...

529 college savings plans are powerful tools to help pay for ... only qualified education expenses without incurring a tax penalty, but it can be hard to pinpoint how much money you actually ...

Many families and individuals who want effective and efficient ways to save for education expenses often turn to the ...

There are no state residency requirements, but Illinois residents get tax deductions. You don't need to reach any minimums. With the CollegeAdvantage (Ohio) 529 plan, anyone can sign up.

You can use 529 funds to cover only qualified education expenses without incurring a tax penalty ... can change the beneficiary of a 529 plan. But what do you do if you still have money ...

Here’s a reminder of how easy it is to set up a 529 college savings plan for a child or grandchild, and why you should ...

Begin by estimating your federal income tax bill for the year. You can find your tax bracket as well as standard deduction ...