If you have an education savings account to manage while the stock market is flailing, and your kids are heading to college, you may be afraid to log in and survey the damage. Many consumers aren’t ...
When I was pregnant with our first child, we started a college fund. We set aside $150 every month for her 529 account, even when it was financially difficult. We're now withdrawing from her plan to ...
The stock market's wild ride is having an impact on families who use a 529 college savings account, a tax-free way for parents to save for educational expenses. There are 17 million active 529 ...
Monday the S&P 500 closed down 8.62% from its Feb 19 th high. For many parents, it’s a reminder that 529 savings plans are investment vehicles. If your 529 plan is the cornerstone of your education ...
MARGARET GILES of Morningstar 529 education savings plans are powerful tools to help pay for the mounting costs of an education. Yet some people hesitate to use them. One common concern is ...
It may not be the season's new hot toy, but gifting a child money toward college could have a more lasting impact. Daniel Trujillo, 39, a certified public accountant in Albuquerque, New Mexico, said ...
Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Thanasis Zovoilis / ...
Once viewed narrowly as college savings tools, 529 plans have significantly evolved over the years. They are now among the most flexible and tax-efficient financial tools available, covering ...
When it comes to saving for college, families usually have to make the choice between a 529 plan and a brokerage account. The good news is that if you are saving in either account, you are ahead of ...
With college affordability a top concern for families, saving for higher education is more of a priority. Financial experts often recommend a 529 college savings plan. Anyone can contribute — you ...