(or even yourself) in a tax-advantaged way. Although 529 savings plan contributions aren't deductible on your federal income tax return, they can be deducted on state income tax returns in many cases.

Other contribution and tax considerations for 529 plans. The 529 plan has become a popular way to save for college expenses — ...

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

Contributions to a Roth IRA can be withdrawn penalty-free to open a 529 plan. 529 plans allow contributions to grow tax-free ...

A 529 plan is a state-sponsored account that offers tax-advantaged savings to cover college, trade and vocational courses and qualified K-12 expenses. It can be a powerful tool for saving for your ...

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 ...

A new study finds that while these tax-advantaged savings plans are commonly associated with funding college tuition, many 529 savers may not realize the full range of expenses these plans cover.

529 plans are one of the best ways to save for your child's college education. These state-sponsored investment accounts offer tax-free earnings and withdrawals that can be used for tuition ...

Accordingly, using a 529 plan distribution to repay student loans may be considered non-qualified by the state even if it is considered qualified by the IRS. The earnings portion of such a ...

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points ...

A provision of the SECURE Act 2.0 of 2022 that permits certain assets saved for education to be rolled over into retirement accounts is expected to broaden the appeal of tax-advantaged tuition savings ...