529 funds must be converted by paying the amount directly to a Roth IRA — you can’t pay yourself and then deposit the money into the Roth IRA later. You can contribute to a Roth IRA only if you have ...
Your 529 plan is no longer just for college tuition. Recent legislative changes have expanded the scope of eligible expenses, making these plans more versatile and beneficial for families.
NEW YORK (WABC) -- If you have kids or grandkids who are college-bound, wouldn't it be great if there were a place where you could save and invest for that child's college tuition tax-free? Well, it ...
Setting money aside early for your child's college is a smart decision and radically minimizes the total contribution you have to fund directly when the time comes to start paying for school expenses.
529 plans aren't just for college anymore. In this podcast, Motley Fool personal finance expert Robert Brokamp speaks with Martha Kortiak Mert of Savingforcollege.com about the newly expanded uses of ...
— -- Q: Aren't 529 college savings plans terrible for people investing for college, since they can go down when the stock market falls? A: Hopefully this statement isn't going to surprise anyone: ...
Learn about the contribution and account balance limits on 529 plans and the difference in contribution limits among states.
President Donald Trump's mega tax bill will expand the uses for 529 education savings plans, but enough limitations remain to potentially give some investors pause, some experts say. State-run, ...
While much of the focus of the Trump administration’s signature One Big Beautiful Bill Act (OBBBA) has been around income taxes, the far-reaching legislation also includes changes to areas like ...
The “big, beautiful bill” aims to expand qualified expenses for 529 plans to include SAT fees, trade school tuition and vocational certificates. Money, Getty Images A provision in President Donald ...