Key Points ・529 plans are no longer just for college degrees. New federal rules allow 529 plan withdrawals for credentialing, ...

While there are no specific 529 plan contribution limits, most people consider the $19,000 annual gift tax exclusion to be ...

Explore the new Trump accounts designed for children's savings, comparing their benefits against IRAs and 529 plans to determine the best tax-advantaged option for families planning for education and ...

529 education savings plans are getting a major upgrade under President Trump’s massive tax bill, particularly for parents looking to stash away cash for K-12 expenses. First, a quick overview: 529 ...

Once viewed narrowly as college savings tools, 529 plans have significantly evolved through a series of legislative changes. They are now among the most flexible and tax-efficient financial tools ...

FILE - This Oct. 24, 2016 file photo shows dollar bills in New York. (AP Photo/Mark Lennihan, File) (Mark Lennihan, Copyright 2017 The Associated Press. All rights ...

COLUMBUS, Ohio — Megan Garbe’s daughter may only be in second grade, but she is already thinking ahead to the day her child heads off to college. Like many parents concerned about the soaring price of ...

529 Education Saving Plans are tax-advantaged investment vehicles in which your money grows tax-free. Depending on the level of tax benefit your state’s plan offers, it may be worthwhile to look out ...

When it comes to planning for a child’s education, most people only think of opening a 529 savings plan after the baby arrives. But here's the truth: You can do this even before a child is born—and ...

While 529 plans offer tax-advantaged growth and withdrawals for qualified education expenses, they also come with restrictions that may not suit every family’s needs. There are several alternatives to ...

Trump accounts offer a new tax-preferred way for families to save money for their kids. Here are the pros and cons.

Learn about the contribution and account balance limits on 529 plans and the difference in contribution limits among states.