You can also simply use a Roth IRA to pay for college without taking the step of converting the money to a 529 plan. As long ...

Say you made saving for your kids’ college education a priority, but then grandma swoops in and pays for everything. What ...

However, school choices are limited, and you can only use the funds to cover your child’s tuition and fees. Prepaid tuition ...

A mericans have amassed $450 billion for educational expenses in 529 plans as of August 2024, according to the Education Data ...

By opening a 529 plan, you may be able to reduce future out-of-pocket costs and get a tax break on your state income tax return. You aren't necessarily limited to your state's 529 plan ...

Here are five foundational tax savings strategies that could help you save $20,000 on your taxes going forward.

Here’s how to take full advantage of 529 college savings plans — and it’s not just parents who can enjoy the tax benefits either. These state plans offer college savers a solid combination ...

Most parents dream of giving their children a better future, often by creating a financial safety net to cover future costs ...

Beginning in 2024, the SECURE Act 2.0 will index IRA catchup contribution limits for inflation, making it likely that higher ...

New Jersey residents will have a new way to file their federal tax returns this year. The program, called IRS Direct File, ...

Unilaterally withdrawing funds from 529 accounts to pay for non-education related expenses while a divorce action is pending ...

Oklahoma tax experts are assisting residents with filings this season, highlighting new credits and warning against common ...