Because of their many potential benefits, 529 plans can be helpful for families when it comes to estate planning.

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 ...

Fact checked by Giselle Cancio While you can’t avoid paying taxes altogether, there are several strategies that can help you ...

Dual enrollment allows you to earn college credit while you’re still in high school. Doing so can help you save money on the ...

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

The Education PlanⓇ is a tax-advantaged 529 education savings program sponsored by the State of New Mexico and administered by the New Mexico Education Trust Board. 529 funds can be used to pay ...

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 ...

Converting an IRA into a 529 savings plan could help you leverage state tax incentives and save money. However, you may be penalized for moving the funds from one type of account to the other.

Contributions to a 529 education savings plan account for a beneficiary are considered gifts for tax purposes. In addition to benefits including flexible investment options and a range of qualified ...

Families looking for smart ways to plan for education expenses while managing their taxes can use 529 plans. These savings accounts, recognized for their tax benefits, are an increasingly popular ...

There's over $500 billion invested in 529 college saving plans across 17 million accounts. Find out more key 529 statistics here.